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What Is the Relevance of the Subject World Literature in My Future Profession?

Essay by   •  June 22, 2018  •  Essay  •  433 Words (2 Pages)  •  181 Views

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WORLD LITERATURE

What is the relevance of the subject World Literature in my future profession?

The purpose of the study is to examine techniques used  in the day-to-day management of my  finances. And  ofcourse  Financial Literacy, a managerial activity which is concerned with planning and controlling the financial resources. With these, it will test your thinking skills in decision-making. And also, to assess the overall financial environment while describing the conceptual framework in regard to finance function, financial management, working capital management in industry. Finance function is the process of acquiring and utilizing funds by a business.  Financial Management is a managerial activity which is concerned with planning and controlling. Money is an arm or a leg; you either use it or lose it.  - Henry Ford. This statement is quite meaningful. It brings home the significance of money, or  finance, which connotes   “the finance is the lifeblood of business". Thus, finance holds the key to all human activity. It guides investment and expenditure and endeavor  to squeeze the most out of every available Rupee. No business activity can ever be pursued without financial support and for survival in the market, financial viability is the central theme of any business proposition.

       Financial management has been defined as, The administrative function in an organization which have to do with the management of flow of cash,- so that the organization will have the means to carry out its objectives as satisfactorily as possible and at the same time,' . meet its obligations as they become due.

Alexie Marie Delacruz                                                                   June 7 2018

BSBA FM                                                                                          Dr. Erlinda A. Cayao

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