Unit 9(a): Financial
Management
Class 12 Business Studies
Marks: 06
, I. Concept, Role, and Objectives of Financial Manageme
• Concept:
Financial Management is the process of planning, organizing,
directing, and controlling the financial activities of an organization.
involves procurement, allocation, and utilization of funds to achiev
the organizational goals.
Management
Class 12 Business Studies
Marks: 06
, I. Concept, Role, and Objectives of Financial Manageme
• Concept:
Financial Management is the process of planning, organizing,
directing, and controlling the financial activities of an organization.
involves procurement, allocation, and utilization of funds to achiev
the organizational goals.
