BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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MM approach
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XX approach
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Gorder approach
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Miller approach
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Detailed explanation-1: -The arbitrary process is the behavioral foundation for the MM approach. The MM approach favors the Net operating income approach and agrees with the fact that the cost of capital is independent of the degree of leverage and at any mix of debt-equity proportions.
Detailed explanation-2: -In simple terms, financial management is the business function that deals with investing the available financial resources in a way that greater business success and return-on-investment (ROI) is achieved. Financial management professionals plan, organize and control all transactions in a business.
Detailed explanation-3: -Answer & Solution Solution: Financial Management is mainly concerned with all aspects of acquiring and utilizing financial resources for firms activities.