FINANCE FOR NON-FINANCE MANAGERS

Finance and Business Managers

In a free enterprise system, the aim of business managers is to make the maximum profit without jeopardizing the long term interest and stability of the enterprise. In other words the OPTIMUM profit. Basically, this means.

1.           Achieving an acceptable return on investment

2.           Maintaining adequate working capital and preserving the ability to settle short term creditors with reasonable promptness.

3.           Paying proper attention to the image of the enterprise and giving reasonable consideration to the interest of shareholders, long term lenders, customer, tax authority, host community and every other stake holders.

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