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RELEVANCE OF FINANCIAL MANAGEMENT TO BUSINESS GROWTH IN NIGERIA
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ABSRACT - [ Total Page(s): 1 ]The prerequisite of this extended essay is to know the Relevance of Financial Management to Business Growth in Nigeria.Financial management is relevant to business growth for a well balanced operation. As businesses in Nigeria are made up of small, medium and large scale enterprises need financial management to operate well. The ultimate aim of financial management is to plan and forecast the profit making and sourcing of fund for business growth. Money is needed in financial management and used in making plans work. It serves as a measuring device that can be used in measuring the plan in ter
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CHAPTER ONE - [ Total Page(s): 1 ]1.0 INTRODUCTIONThe Financial Function has always been important in business management. Irrespective of differences in structure, ownership and size, the Financial Organisation of the enterprise ought to be capable of ensuring that the various finance functions: - Budgeting and controlling are carried out with the highest degree of efficiency. The profit ability of any business depends largely upon the manner the financial functions are performed and related to other business function.During the developing stage, financial management involves only the obtaining of funds to finance the busines ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]The prerequisite of this extended essay is to know the Relevance of Financial Management to Business Growth in Nigeria.Financial management is relevant to business growth for a well balanced operation. As businesses in Nigeria are made up of small, medium and large scale enterprises need financial management to operate well. The ultimate aim of financial management is to plan and forecast the profit making and sourcing of fund for business growth. Money is needed in financial management and used in making plans work. It serves as a measuring device that can be used in measuring the plan in ter
... Continue Reading
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