Finance integrates the concepts from economics,Accounting and many other areas.
* It is the study of relationship of Rish to Return is a central focus.
* The primary goal of finance Manager is to maximize the value of
wealth of shareholders.
* Financial Manager try to maximize the wealth by daily activities like
Credit and Inventory management and Long-term by raising Funds.
* Finance Manager must consider both domestic and International business conditions before taking any decisions.
Goals:
1 . Survival of the organization.
2. Avoiding Bankruptcy
3. Maximize market share.
4. Maximize cost
5. Maximize Profit.
Concerns:
Maximizing the profit may not be in stockholder's interest.
Maximize the wealth of the owners, the stock holders, i.e., to maximize today’s stock price.
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