what are the main types of decisions that financial managers make?
205594
There are four main financial decisions- Capital Budgeting or Long term Investment decision (Application of funds), Capital Structure or Financing decision (Procurement of funds), Dividend decision (Distribution of funds) and Working Capital Management Decision in order to accomplish goal of the firm viz., to maximize ...
793746
They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. Financial managers typically: Prepare financial statements, business activity reports, and forecasts, ... Help management make financial decisions.
485518
There are four recognized elements of financial management: (1) planning, (2) control- ling, (3) organizing and directing, and (4) decision making. The four divisions are based on the purpose of each task.
635980
['Financial Planning.', 'Investment Management.', 'Risk Management.', 'Estate Legacy Planning.']
383919
the three basic questions with which a financial manager must be concerned with are capital budgeting, capital structure, and working capital management. Capital budgeting is related to the long term investments of the company. He must be able to plan and manage the long term investments of the firm.
123665
There are four main types of financial transactions that occur in a business. These four types of financial transactions are sales, purchases, receipts, and payments. Let's take a minute to learn about each one: Sales are the transactions in which property is transferred from buyer to seller for money or credit.
272458
The primary objectives of financial management are: Attempting to reduce the cost of finance. Ensuring sufficient availability of funds. Also, dealing with the planning, organizing, and controlling of financial activities like the procurement and utilization of funds.
573115
Types of Decision Making - An Overview. We determine types of decision making by looking at outcomes and the impacted entity. At the highest level we have chosen to categorize decisions into three major types: consumer decision making, business decision making, and personal decision making.
810925
Every leader prefers a different way to contemplate a decision. The four styles of decision making are directive, analytical, conceptual and behavioral. Each style is a different method of weighing alternatives and examining solutions.
149421
The financial manager's responsibilities include financial planning, investing (spending money), and financing (raising money). Maximizing the value of the firm is the main goal of the financial manager, whose decisions often have long-term effects.
201037
The four styles of decision making are directive, analytical, conceptual and behavioral. Each style is a different method of weighing alternatives and examining solutions.
90696
Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.
888774
['Budgeting and taxes.', 'Managing liquidity, or ready access to cash.', 'Financing large purchases.', 'Managing your risk.', 'Investing your money.', 'Planning for retirement and the transfer of your wealth.', 'Communication and record keeping.']
238922
['Programmed and non-programmed decisions: ... ', 'Routine and strategic decisions: ... ', 'Tactical (Policy) and operational decisions: ... ', 'Organisational and personal decisions: ... ', 'Major and minor decisions: ... ', 'Individual and group decisions:']
1337794
In business, there are four main types of financial transactions, and they include sales, purchases, receipts, and payments. All financial transactions that occur have an effect on at least two accounts, depending on the type of transaction. One account will increase in value, while the second account decreases.
31652
['Strategic decisions have major resource propositions for an organization. ... ', 'Strategic decisions deal with harmonizing organizational resource capabilities with the threats and opportunities.', 'Strategic decisions deal with the range of organizational activities.']
682162
["Financial Accountant. Financial accountants manage a company's financial accounts to guarantee that they are properly managed and distributed. ... ", 'Financial Analyst. Financial analysts manage people and businesses in making investments. ... ', 'Loan officers. ... ', 'Teller.']