Finance is the pivot of any organisation, the effective management of finance as well as the source of acquisition of finance is a key issue to management of any organisation. When organisation sourced funds and managed it efficiently, the organisation is bound to suceed and vice visa. Organisation's are adviced to exploit internal sources of funds such as plough back profit, reserves from depreciation etc before embarking on the use of medium or external sources of capital for their operation. This is because the external sources of funds have it own obligation that organisation must...
Finance is the pivot of any organisation, the effective management of finance as well as the source of acquisition of finance is a key issue to manage...