define finance
Answers were Sorted based on User's Feedback
Answer / hafiz zeeshan
finance is nothing but money and by the meaning of
financial management is to manage the financial matters
| Is This Answer Correct ? | 51 Yes | 13 No |
Answer / surendra
finance deals with procurement of funds and utilization of
such funds in a fruitful manner.
| Is This Answer Correct ? | 28 Yes | 2 No |
Answer / swarnlata
Finance is the life blood of the business as necessary as
the blood circulation is required for a human life.
Without finance, a business or a business organisation
can't run even stand for any purpose in no profit-no loss
situation.
| Is This Answer Correct ? | 32 Yes | 14 No |
Answer / sheena
mobilisation of funds and invest them in profitable sectors with the expectation of positive rate of return.
| Is This Answer Correct ? | 17 Yes | 3 No |
Answer / chinmayee patnaik
Finance is the provision of money at the time of requirement.
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / dayakar babu pernati
Finance is the science of funds management.[1] The general
areas of finance are business finance, personal finance,
and public finance.[2] Finance includes saving money and
often includes lending money. The field of finance deals
with the concepts of time, money, risk and how they are
interrelated. It also deals with how money is spent and
budgeted
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / chiranjeevi
finance means managing the money in a company
example raising funds and allocating them into different sectors
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / p chidambaran
Finance is a finance which has nothing to do with finance
because for the name sake of finance we dont do any fianace
and every company who think that they run some process
which required the knowledge of finance, finally they dont
know what is finance............
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / koganti.thireesha
It is nothing but money,and it deals how to moblize d fund in man of good return s
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sree
Finance is the tactic of the money in an organization
The main theam of the finance to procuring the funds from low interest and effective utilization of funds.
| Is This Answer Correct ? | 0 Yes | 0 No |
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CASE STUDY: S.C. Computers has been mismanaged by its promoter. The Company has over 50,000 employees with software expertise. It has clients over the last 15 years in 50 countries. The mismanagement has led to a severe cash crunch with no cash to meet even salary requirements. While the internal situation is one of financial and employee morale crisis, externally it enjoys the confidence of its clientele. The Government wants such a valuable institution, built over several years, to be saved so that it can continue to contribute to national wealth creation, but at the same time does not wish to extend direct financial assistance, lest it amounts to encouraging or subsidizing mismanagement. In one page, suggest the broad elements of a Business Continuity Plan covering all aspects (not just financial alone) specifically applicable to this situation.
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