dfmh Financial Management Meaning‚ Objective‚ Scope and Importance of Financial Management Finance is regarded as the life blood of a business enterprise. This is because in the modern money oriented economy‚ finance is one of the basic foundations of all kinds of economic activities. It is the master key which provides access to all the resources for being employed in manufacturing and merchandising activities. It has rightly been said that business needs money to make more money. However
Premium Finance Corporate finance
1. Definition of Feasibility Studies A feasibility study looks at the viability of an idea with an emphasis on identifying potential problems and attempts to answer one main question: Will the idea work and should you proceed with it? Before you begin writing your business plan‚ you need to identify how‚ where‚ and to whom you intend to sell a service or product. You also need to assess your competition and figure out how much money you need to start your business and keep it running until it
Premium Project management
the organization. The results of a working capital analysis will assist in the determination of organization¡¦s ability to remain in a particular line of business. The primary focus of Team C¡¦s analysis of Wal-Mart‚ Inc is its current and future financial condition. The most imperative areas that are found in the Capital Structure Analysis Report fall into the following categories: Working Capital Management‚ Valuation and Investment‚ and Cost of Capital. The company¡¦s operational processes within
Premium Inventory Financial ratios Financial ratio
CASE 27.1: RELIABLE TEXAMILL LIMITED17 components would assume greater importance. The company would need more working capital funds to support the expanding sales. Mr Shyam Lal knew that it may not be easy to get funds from banks. He was wondering how he could reduce the working capital funds requirement of his company without affecting the sales. In the beginning of 2009‚ Mr Shyam Lal‚ Chairman and Managing Director of Reliable Texamill Limited (RTL)was concerned about the company’s working capital
Premium Balance sheet Inventory Generally Accepted Accounting Principles
The internationalisation of internet-based companies: a process perspective on managerial intentionality This paper intends to outline a potential approach to investigating the path of internationalisation of firms whose business models are based on digital technology. It is believed that such firms‚ due to specific characteristics of their product offering and industry‚ exhibit an idiosyncratic internationalisation process overemphasising dynamism and managerial entrepreneurship. Hence‚ they
Premium Knowledge Knowledge management Strategic management
Response. Differentiation: Steel is such a product that not much product innovation can be done. Cost Leadership: Chaparral Steel is already a cost leader in the market with its limited range of products. But if it needs to expand itself in terms of capacity‚ it needs to come up with a new product line and that too at a low cost. Chaparral needs to continue its strategy of low cost leadership with addition of new product lines to tap the market potential for larger steel products. The only competitor
Premium Furnace Management Innovation
Capital Structure: The most important function of Financial Management is to make decisions about the capital structure of firm. Capital structure refers to the make up a firm’s capitalization. It represents the mix of different sources of long term funds in the total capitalization of the company like equity shares‚ preference shares‚ retained earnings‚ long-term loans etc. In other words it can be precisely told as financing plan of the company. Capital is required to finance investments in plant
Premium Finance Stock Capital structure
SECTION 1 - PROFILE STUDY OF JINDAL STEEL WORKS LTD INDUSTRY PROFILE INTRODUCTION TO STEEL INDUSTRY India’s economic growth is contingent upon the growth of the Indian steel industry. Consumption of steel is taken to be an indicator of economic development. While steel continues to have a stronghold in traditional sectors such as construction‚ housing and ground transportation‚ special steels are increasingly used in engineering industries such as power generation‚ petrochemicals and fertilisers
Premium Steel Inventory Working capital
RESULTS AND DISCUSSION Now that we have applied all the tools necessary for hypothesis testing‚ the final results can be discussed in detail. All variables with respect to their relation to the capital structure will be discussed separately. Not only the figures have been interpreted as per the mathematical rules‚ but they have also been analyzed according to the prevalent conditions in the cement industry during the period of analysis. Therefore‚ it is necessary to give the industry scenario
Premium Stock market Stock Pearson product-moment correlation coefficient
memories he will forever cherish. In his autobiography titled “Cash”‚ he describes each worker and how much cotton they filled in each other their sacks. One memory he shares is that his father would always pick two rows at a time. Adler’s Early Memories theory is shown in this situation because John talks about how even though his father picked two rows at a time‚ he always picked just one. He picked one row because he said‚ “It looked like you were making more progress that way to others of course‚ but
Premium Johnny Cash Shame Elvis Presley