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Financial Management
Financial Management involves the effective planning, organizing, directing, and controlling of financial resources within an organization to achieve its goals and maximize value. It focuses on key areas such as investment decisions, financing, budgeting, risk management, and dividend policies. The primary objective of financial management is to ensure optimal utilization of funds, maintain liquidity, and enhance profitability while balancing risk and return. It plays a vital role in strategic decision-making, supporting sustainable growth and long-term financial stability for businesses and institutions.
