MGT 102
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,Week 5 Topic: Organizational Financial
Practices
▪ Introduction
▪ Need of Capital
▪ Sources of Funds
▪ Budgeting and Monitoring
▪ Working Capital & Cash Flow
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, Introduction
❑ However good the quality of its products or services, no
organization can be successful for any length of time unless its
finances are soundly managed.
❑ Many young software engineers are attracted by the idea of
starting their own company.
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