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Tag: Profit maximization

Profit and Wealth Maximization

Post author By Hemant More
Post date March 10, 2019
3 Comments on Profit and Wealth Maximization

Management > Financial Management > Profit and Wealth Maximization Financial management is concerned with procurement and use of funds. The main objective of Financial management is to ensure the maximization of the economic welfare of its shareholders. The maximization of economic welfare means maximization of wealth of its shareholders. Shareholder’s wealth maximization is reflected in […]

Tags Financial management, Profit maximization

Introduction to Financial Management

Post author By Hemant More
Post date March 10, 2019
2 Comments on Introduction to Financial Management

Management > Financial Management > Introduction The planning, directing, monitoring, organizing, and controlling of the monetary resources of an organization is called financial management. It is the art and science of managing money It is concerned with procurement and effective utilization of funds for the benefit of its shareholders. It utilizes all those managerial activities […]