BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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With a financial perspective, one can say that a firm is a pool of ____ in order to ____
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personal wealth ____ safe taxes
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resources ____ invest
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contracts ____ control employees
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people ____ make the world a better place
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Explanation:
Detailed explanation-1: -In business, financial management is the practice of handling a company’s finances in a way that allows it to be successful and compliant with regulations. That takes both a high-level plan and boots-on-the-ground execution.
Detailed explanation-2: -The focal point of financial management in a firm is: the number and types of products or services provided by the firm.
Detailed explanation-3: -Financial management is generally concerned with short term working capital management, focusing on current assets and current liabilities, and managing fluctuations in foreign currency and product cycles, often through hedging.
There is 1 question to complete.