Importance of Finance Management

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Importance of Finance Management

1. Basis of success of the enterprise
2. Useful for business managers.
3. Useful for share holders.
4. Useful for investors.
5. Useful for financial institutions.
6. Useful for others.
7. Optimum allocation and utilization of resources.
8. Central focal point of decision making.
9. Measurement of performance of efficiency.
10. Basis of planning, co-ordination and control.
11. National importance.


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