Preface

No organization in the corporate world—be it a non-profit organization or a profit-making organization, a private-sector organization or a public-sector one—can afford to ignore the vital role of money. Finance is the lifeblood of an organization, so it is important for students to develop a sound understanding of the key concepts and issues in corporate finance. Financial Management aims to introduce students to the fundamental concepts and tools that help manage an organization's money. Gone are the days when managers used to work in isolation. In today's competitive world, every department in an organization needs to work in perfect coordination to achieve the desired results. As we know, the basic objective of an organization is ...

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