Financial management is critically important to the success of any business organization. Respond to the following in a minimum of 175 words: Discuss the role of finance in business. What is the purpose of financial management? Describe the kinds of activities that financial management involves. What kind of tools do financial managers leverage to access and/or monitor the health and performance of a business? Have you used any of these tools? If so, share your experience. *** This is just a weekly discussion topic. No sources are needed however if used the must be cited properly .

Financial management is critically important to the success of any business organization. Respond to the following in a minimum of 175 words: Discuss the role of finance in business. What is the...

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Financial management is critically important to the success of any business organization.

Respond to the following in a minimum of 175 words:

Discuss the role of finance in business. What is the purpose of financial management?

Describe the kinds of activities that financial management involves.

What kind of tools do financial managers leverage to access and/or monitor the health and performance of a business? Have you used any of these tools? If so, share your experience.

*** This is just a weekly discussion topic. No sources are needed however if used the must be cited properly .

Answered Same DayNov 28, 2021

Answer To: Financial management is critically important to the success of any business organization. Respond to...

Akash answered on Nov 29 2021

164 Votes

Running Head: CORPORATE FINANCE        1
CORPORATE FINANCE                                     2
CORPORATE FINANCE
FINANCIAL MANAGEMENT
Table of Contents
Role of Finance in Business and Purpose of Financial Management    3
Activities Involved in Financial Management    3
Tools to Monitor Performance and Health of Business and My Experience of Using These Tools    4
Role of Finance in Business and Purpose of Financial Management
The key role of Finance in business is to collect funds from various sources for the company, in order to facilitate the company perform smoothly in the business market. Finance function helps to manage those collected funds so that these can be allocated to various other functions in the appropriate amount required.
Where those funds are to be used, where to spend them and...

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Financial management is critically important to the success of any business organization. Respond to the following in a minimum of 175 words: Discuss the role of finance in business. What is the...

Answer To: Financial management is critically important to the success of any business organization. Respond to...

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