Financing business


Description

Managing funds of business firms by balancing risk and profitability in order to maintain the long-term value of the firm, through financial planning and control, budget management, accounts receivable, inventories, borrowing (short and long-term), issuing securities and growth through mergers.

Context

The complexity, diversity and necessary rate of growth of business has led to the discipline of scientific financial management in business.

Claim

  1. Financial planning, analysis and control is critically important to business.

Counter claim

  1. Finance is a way of manipulating funds without necessarily achieving any real business growth.

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