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Q. Illustrate the Scope of Financial Management?
Financial management as an educational discipline has undergone notable changes over the years with regard to its scope of functions. All at once the financial manager's role as well has undergone fundamental changes over the years. Study of the modification that has taken place over the years is known as 'Scope of Financial Management'.
In order to have an effortless understanding and better exposition to the changes it is necessary to divide the scope into two approaches:
(A) Traditional Approach
(B) Modern Approach
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Nick Leeson and Barings Leeson was the trader who managed to bring about the collapse of Barings Bank in 1995. The main reason he was able to do this was because there was a ce
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