Long Answer TypeWhat is meant by 'Formal Organisation'? State any five advantages of this form of organisation.
Short Answer TypeDefine Financial Management.
Financial Management is defined as “all activities concerned with the planning, raising, controlling and administering of funds used in the business.” It is concerned with the procurement and utilisation of funds in a proper manner so as to accomplish the objectives of the organization.
'In to-day's commercial world, the Stock-Exchange performs many vital functions which leads the investors towards positive environment.' Explain how by giving any four reasons.
Long Answer Type'Determining the relative proportion of various types of funds depends upon various factors.' Explain any five such factors.
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