Kerala Plus Two Business Studies Notes Chapter 9 Financial Management
Chapter 9: Financial Management - Important Topics: Meaning of Business Finance and Financial Management Importance of Financial Management Objectives of Financial Management (Profit vs Wealth Maximisation) Three Major Financial Decisions: Investment, Financing, and Dividend Financial Planning: Meaning, Types, and Importance Capital Structure: Meaning and Factors Affecting it Trading on Equity (Financial Leverage) Fixed Capital: Meaning and Factors Affecting it Working Capital: Meaning and Factors Affecting it Business Finance (ബിസിനസ്സ് ഫിനാൻസ്) Money required for carrying out business activities is called business finance. Finance is needed to establish a business, to run it, to modernise it, to expand, or diversify it. Simple Explanation: Business finance is the money a business needs to start, operate, and grow. Just like a car needs fuel to run, a business needs finance to function. It's needed for everything from buying raw materials to paying salari...