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Organisational Behaviour

By:   •  October 30, 2012  •  Essay  •  259 Words (2 Pages)  •  1,136 Views

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Finance is the most important business aspects of business management. But this concept deals with money how they use it and spend it. Finance basically works through individual and business organization depositing money in the bank. The bank then lends out money to people who needs it or to corporations or consumptions or investments and charges interest on the loans. Also there is an insurance, investments, mortgage service etc. which are provided to the clients and according to their needs.

There is no successful business without proper planning of finance and money is the first priority that a businessman should be managing and ensures that there is a secure future. The business environment is unpredictable so the company needs to be ready and stay focus on their finance and cash flows to protect them from breakdown. But on the other hand there are also different areas of finance like personal finance, which are used for personal needs and matters;

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