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Chapter-1-Introduction-of-Financial-Management

An introduction of financial management

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Chapter-1-Introduction-of-Financial-Management

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  1. Chapter Objectives • Define finance • Determine the different areas and categories of finance • Identify who are responsible for the financial management within an organization • Enumerate the primary activities of the finance manager • Explain how the finance manager helps achieve the goal of the organization • Describe the role of the financial institutions and markets

  2. Categories of Finance • Public Finance • Private Finance

  3. TYPES OF FINANCE

  4. Personal Finance - is a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, retirement planning, and tax and estate planning. Non-Profit Organization - is a group organized for purposes other than generating profit and in which no part of the organization's income is distributed to its members, directors, or officers. ... Non-profit entities are organized under state law. Business Finance - the raising and managing of funds by business organizations. Planning, analysis, and control operations are responsibilities of the financial manager, who is usually close to the top of the organizational structure of a firm.

  5. Types of Non-Profit Organization

  6. What is Financial System

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