Professional Documents
Culture Documents
MANAGERIAL
FINANCE
Managers are entrusted with running
companies to reach the companies goals .
Running companies need finance to fund
operations . All organizations , be they for
profit or non-profit , need financing .
Finance is needed to buy assets , pay
employees , pay rent , pay creditors , and
pay taxes . These functions of managing
finace for a company is MANAGERIAL
FINANCE , commomly called FINANCIAL
FINANCE
Finance and Financial decisions
are part of our daily lives .
Individuals need finance , family
need finances , society need
finance , profit and non-profit
organizations need finance .
MANAGEMENT
Management is defined as utilizing
the scare resources of the
organization to maximize
attainments of the organizations,
goal, and objectives.
THE 8M’S
1. Men- the human source; the most important of the
all the sources.