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Financial management is the business function concerned with profitability, expenses, cash and credit. These are often grouped together under the rubric of maximizing the value of the firm for stockholders.
Corporate finance is an area of finance that deals with the sources of funding, and the capital structure of businesses, the actions that managers take to increase the value of the firm to the shareholders, and the tools and analysis used to allocate financial resources.
Market research is an organized effort to gather information about target markets and customers. It involves understanding who they are and what they need. [1] It is an important component of business strategy [2] and a major factor in maintaining competitiveness.
Created Date: 1/13/2010 4:38:32 PM
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PDF; Stephen A. White; Conrad Bock (2011). BPMN 2.0 Handbook Second Edition: Methods, Concepts, Case Studies and Standards in Business Process Management Notation. Future Strategies Inc. ISBN 978-0-9849764-0-9.
Cash-and liquidity management is often described as treasury's 'primary duty.'Essentially, a company needs to be able to meet its financial obligations as they fall due, i.e. to pay employees, suppliers, lenders and shareholders.
Financial modeling is the task of building an abstract representation (a model) of a real world financial situation. [1] This is a mathematical model designed to represent (a simplified version of) the performance of a financial asset or portfolio of a business, project, or any other investment.