FINANCIAL MANAGEMENT – AN OVERVIEW Financial management is one of the most important aspects of any business or organization. It refers to the planning, organizing, directing, and controlling of financial activities such as procurement and utilization of funds. The main objective of financial management is to ensure that a company efficiently uses its financial resources to achieve its goals and maximize profit. One of the key functions of financial management is financial planning . This involves estimating the capital required for business operations and determining the best sources to obtain these funds. Proper planning helps businesses avoid financial shortages and ensures smooth functioning. Another important function is investment decision-making , where managers decide how to allocate funds in profitable projects or assets. This directly impacts the growth and success of the organization. Financial managem...

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