Financial Management
Financial Management
Making financial decisions is something that we do in our personal lives, as well as in the business environment. On a personal basis, we may consider the interest rates charged by various credit cards or the best terms we can receive on a home mortgage. A business is also involved in regular financial analysis and uses that analysis to make business decisions. Companies face decisions on allocating funds to invest in plant and equipment needs, new product introductions, research and design activities, staffing levels, market expansion plans, and so much more. A good understanding of financial principles is the basis for making sound decisions in any of these areas. Management is charged with the responsibility to create value for their shareholders. That value results from making good decisions on investing the firm's capital in such a way as to realize a positive return. It is also critically important that management not only understand the basic financial principles and theories but also how to apply them in the firm's day-to-day operations.
Duration: 55 Hours
Level: Not defined
Certification: Yes
Cost: Free
Language: English
Type: Self-Paced
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