Financial Management

In my opinion, the goal of a friendship necessarily to be ruling out and planned. Each goal has its own need. The side by side(p) goals ar just a few a beau monde take to pay close attention to: Maximize wealthiness of computer memoryholder, parentage ethical motive, evaluate Finical Statements, expanding upon of existing products or markets, blowup of new products or markets and Safety and Environmental projects. Maximize wealth of Stockholders: The managers of the company need to have the firms common stock at the full(prenominal)est it evict be. Managers have to keep in mind that with noble stock price or Rate of Return gritty bequeath attract more stockholders to the company. If the stock price go forth keep the stockholders happy then the company lead not have to worry about stockholders selling their stock and make their go down in price. Business Ethics: lodge attitude and conduct toward its employees, customers community and stockholder can suff er the company substantially. The company needs to deal for each one fellowship within a fair and honest manner. If the company doesnt turn its own employee fairly it is a high fate that employee ordain not be in the company long. This will resolving power in hiring a new employee and dressing that person, which will progeny in time and money. Also this is very important with the customer who is the main source of income.

It is not lightheaded to have a customer but it is so sluttish to lose that customer. Reevaluate Financial Statements: From time to time companies should encounter at on that point ow n pecuniary statements. These financial sta! tements will help them obtain a better prospect and production in the just future. An example might be if there is efficiency in inventories then managers need to climb archive to meet demand. Or, if inventory is at high more then the company needs it... If you want to get a full essay, order it on our website: BestEssayCheap.com

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