Budgeting, analysis of investment proposals, and provision of funds are activities associated with the finance function.
The activity of controlling and planning financial resources is known as financial function. It is a part of business in which obtaining and using the money required for effective operations is required.
Below are the objectives of finance functions.
- Investment decisions- It include employing revenues received from the sale of assets that become less profitable and productive in addition to allocating resources to long-term assets.
- Financial decision - Many different methods and routes can be used to obtain funds. In general, a proper ratio of equity to debt must be maintained. A company’s capital structure is defined as its ratio of equity to debt.
- Dividend decision - A financial manager's primary responsibility in a profitable situation is to choose whether to distribute all earnings to shareholders or keep all profits for themselves. This all comes under dividend decision.
- Liquidity decision - It's crucial to put enough money into current assets in order to maintain the trade-off between profitability and liquidity.
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<span>The terms such as; catastrophic, critical, moderate and negligible is being described in the risk assessment matrix as an adverse event’s effect in regards of level of severity. The level of severity of an adverse event’s effect is important in order to assess the risk that is associated with the particular thing or individual.</span>
Answer:
3 the answer is 3 3 3 3 3 3 3
Answer:
<u>Theory Y.</u>
Explanation:
Created by Douglas McGregor in 1960, Theory Y corresponds to managers' positive view of an organization's employees.
Some assumptions of Theory Y are:
- Each employee can use self-direction and self-control to achieve organizational goals, rather than requiring threats and external control to accomplish tasks.
- The employee is able to learn and gain responsibility.
- Each employee has a set of skills and abilities that translate into creativity to aid in organizational problem solving.
- If the employee considers his work satisfactory he will have commitment and loyalty to the organization.
