MANAGEMENT

Detailed explanation-1: -It is the systematic process of operating, deploying, maintaining, disposing, and upgrading assets in the most cost-efficient and profit-yielding way possible. A fund manager must pay close attention to cost and risk to capitalize on the cash flow opportunities.

Detailed explanation-2: -Strategic financial management means not only managing a company’s finances but managing them with the intention to succeed-that is, to attain the company’s long-term goals and objectives and maximize shareholder value over time.

Detailed explanation-3: -Further, effective utilization of financial resources is the systematic way of ensuring an organization to run efficiently within allotted budget. It is a discipline dealing with the financial decisions that schools make, and the tools and analysis used to make decisions.