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The financial managers select assets projects and the decisions that are profitable and.
Historically the most widely accepted goal of financial management is. Financial Management is an area of financial decision-making harmonizing individual motives and enterprise goals. Organize and manage a firms. Profit Maximization Goal considers that those actions that increase profits should be undertaken and those that decrease profits are to be avoided. Help a firm fulfil its social responsibility. How can financial managers make wise planning investment and financing decisions.
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The third and more widely accepted point of view is that financial management includes the procurement of funds and their effective utilization. O Create wealth for the business. Historically the most widely accepted goal of financial management is.
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