The Financial Management is Neither a Pure Science nor a Art. It Deals with Various Methods & Techniques Which Can be Adopted, Depending upon the Situation o Business and the Purpose of the Decision. As a Science it Uses various Statistical & Mathematical Models & Computer Applications for Solving the Financial Problems Relation to the Firm, For Example Capital Investment Appraisal, Capital Allocation & Rationing, Optimizing Capital Structure Mix & Portfolio Management.
Along with the Above, a Finance Manager has to Apply his Analytical Skills in Decision Making.
That is Why Financial Management is Both A Science as well as An Art.
Along with the Above, a Finance Manager has to Apply his Analytical Skills in Decision Making.
That is Why Financial Management is Both A Science as well as An Art.
No comments:
Post a Comment