What are the weaknesses of the traditional approach, Financial Management

Assignment Help:

What are the Weaknesses of the traditional approach

The traditional approach to the scope of finance function evolved during 1920s and 1930s and dominated academic during 40's and through the early fifties. It has now been discarded as it suffers from serious limitations. Weaknesses of the traditional approach fall into two wide categories:

(i) those relating to the treatment of different topics and emphasis attached to them; and

(ii) those relating to the basic conceptual and analytical framework of the definitions and scope of the finance function.

 


Related Discussions:- What are the weaknesses of the traditional approach

Gordon''s dividend capitalization method, formula and explanation for Gordo...

formula and explanation for Gordon''s dividend capitalization method

Explain the sensitivity analysis of burley plc, Sensitivity analysis A ...

Sensitivity analysis A sensitivity analysis studies the impact of specified variations in key factors on the initially-calculated NPV. The initial point for a sensitivity analy

Condition market to book value ratios be misleading, Under what circumstanc...

Under what circumstances would market to book value ratios be misleading?  Explain. The Market to Book ratio is helpful, but it is just only a rough approximation of how liquid

Objectives of cash management, Q. Objectives of Cash Management? (i) To...

Q. Objectives of Cash Management? (i) To sustain Optimum Cash Balance: - The major objective of cash management is to determine the optimum cash balance required in the busines

Financial mangement enviroment, 1. role financial intermediaries 2. nature ...

1. role financial intermediaries 2. nature and role of money markets

Calculate the changes in the margin account, Suppose today's settlement pri...

Suppose today's settlement price on a CME DM futures contract is $0.6080/DM. You comprise a short position in one contract. Your margin account at present has a balance of $1,700.

Operating cycle, discuss the applicability of operating cycle and any other...

discuss the applicability of operating cycle and any other financial knowledge to poultry business in uganda

Significant performance indicators, Significant Performance Indicators ...

Significant Performance Indicators   Following are the most commonly used performance indicators used to assess the financial, and general health of any company:   Gro

Contingency planning, Contingency Planning:   Once the events are eval...

Contingency Planning:   Once the events are evaluated and categorised, and the levels of risk attaching to them have established.  The organisation should then commence pla

Full, Full, Fair and Adequate Disclosure The architecture of business...

Full, Fair and Adequate Disclosure The architecture of business has evolved from proprietorship to partnership to joint stock companies or publicly held companies. Except fro

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd