BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Financial decisions of businesses and consumers are influenced as much by the state of the economy as by any other factors. The two primary ways governments are involved in the organization of businesses are in legal requirements and taxation. Capital markets are used to finance short-term debt of less than a year.

Detailed explanation-2: -Both inflation and deflation are currency instabilities that are troublesome for an economy and also for the financial planning process. An unstable currency affects the value or purchasing power of income. Price changes affect consumption decisions, and changes in currency value affect investing decisions.

Detailed explanation-3: -The appropriateness of the different sources of finance depends on several factors including the purpose of finance, cost of finance, duration of finance, required amount of finance, type of the business organization, size and status of the business, gearing level, flexibility and external influences.