Asked by Aa'Kyra Rivers on Apr 24, 2024
Verified
Which business function is responsible for planning,obtaining,and managing a company's funds to accomplish its objectives as effectively and efficiently as possible?
A) Marketing
B) Operations
C) Finance
D) Human resources
Financial Management
The practice of planning, organizing, directing, and controlling the financial activities such as procurement and utilization of funds of an enterprise.
Company's Funds
The assets or money that a company possesses for the purpose of conducting its business activities.
Objectives
Guideposts by which managers define the organization's desired performance in such areas as new-product development, sales, customer service, growth, environmental and social responsibility, and employee satisfaction.
- Comprehend the role of finance in business operations and its impact on company objectives.
Verified Answer
Learning Objectives
- Comprehend the role of finance in business operations and its impact on company objectives.
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