Management of Financial systems:

Indian and global perspective.

In finance, the financial system is the system that allows the transfer of money between savers
and borrowers. It comprises a set of complex and closely interconnected financial institutions,
markets, instruments, services, practices, and transactions.

Financial systems are crucial to the allocation of resources in a modern economy. They channel
household savings to the corporate sector and allocate investment funds among firms; they
allow intertemporal smoothing of consumption by households and expenditures by firms; and
they enable households and firms to share risks. These functions are common to the financial
systems of most developed economies. Yet the form of these financial systems varies widely.

Credit Risk Management

Accounting Records (or Accounts Receivable and Payable.

Financial Planning.

Financial Monitoring and Reporting

Governing Board

Internal Controls

Financial Reforms

Taxation

Banking system

Stock exchanges

Public administration system

Modern Marketing strategies:

Indian perspective.

Explorative: ------TATA NANO.

Exploitative: -------Reliance fresh, Big bazaar.

Defensive: ---------- Times of India and Vijay times.

Outsourcing: -------- Dusters, Group four Securities.

Collaborations: ------- TATA, Reliance, Maruti Suzuki

Diversification