CBSE Class 12 Business Studies 2014 Outside Delhi Set 1 Paper

© examsnet.com
Question : 12
Total: 37
State the objective of 'Financial Management'.
Solution:  
The basic objective of financial management is maximising the shareholders' wealth. It aims at reducing the cost of the funds mobilised, minimising the risk and ensuring the effective distribution of the funds for different business opportunities.
© examsnet.com
Go to Question: