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  • 1-1: What Is Finance? Explain How This Field Affects The Life of Everyone and of Every Organization

    Загружено:

    S.m. Sagor Ahmmed
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    Finance affects everyone's lives and all organizations because it involves the transfer of money between individuals, businesses, and governments through financial processes, institutions, markets, and instruments. Understanding finance benefits both personal and professional life by helping make purchases, borrow money, and save and invest to achieve goals, as it requires interacting with financial institutions and markets. Corporate finance specifically analyzes corporations' financial decisions around investment, financing, and daily operations.

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    Fin

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    Answer

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    Finance affects everyone's lives and all organizations because it involves the transfer of money between individuals, businesses, and governments through financial processes, institutions, markets, and instruments. Understanding finance benefits both personal and professional life by helping make purchases, borrow money, and save and invest to achieve goals, as it requires interacting with financial institutions and markets. Corporate finance specifically analyzes corporations' financial decisions around investment, financing, and daily operations.

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    9 просмотров1 страница

    1-1: What Is Finance? Explain How This Field Affects The Life of Everyone and of Every Organization

    Загружено:

    S.m. Sagor Ahmmed
    Finance affects everyone's lives and all organizations because it involves the transfer of money between individuals, businesses, and governments through financial processes, institutions, markets, and instruments. Understanding finance benefits both personal and professional life by helping make purchases, borrow money, and save and invest to achieve goals, as it requires interacting with financial institutions and markets. Corporate finance specifically analyzes corporations' financial decisions around investment, financing, and daily operations.

    Авторское право:

    © All Rights Reserved
    Скачайте в формате DOCX, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    1-1: What is finance? Explain how this field affects the life of everyone and of every organization.

    Finance can be defined as the art and science of managing money. The finance field affects the life of
    everyone and of every organization because finance is concerned with the process, institutions,
    markets, and instruments involved in the transfer of money among individuals, businesses, and
    governments. Also, in your professional and personal life you need to understand finance because it will
    benefit you when you make purchases, borrow money, and saving and investing to achieve your
    financial goals. These transactions require you to have interaction with financial institutions and
    markets. Learning the basics and understanding managerial finance can help manage your personal
    finances effectively.

    Corporate finance is a specific area of finance that analyzes the financial decisions of corporations.

    - Investment or capital budgeting decisions

    - Financing decision

    - Day-to-day operations

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