Selecting Financial startegies

Frage	Antworten
A financial strategy	This is a medium-to long-term plan designed to achieve the objectives of the finance function or department of a business
Raising Finance	* Borrowing * Selling shares * Other sources of finance
A profit centre	A profit centre is an area, department or branch of an organisation that is allowed to control itself separately from the larger organisations. It makes its own decisions, following corporate objectives, and produces its own income statements for the unison with the rest of the business
Cost minimisation	* minimising labour costs * Relocating * Using technology (In replacement of staff)
Allocating capital expenditure	* Investing in machinery- buisiness may wish to do this to reduce the mount of labour used and the associated costs. * Investing in property- Some businesses invest heavily in property to enable them to trade effectively or possibly to support their corporate image

Zusammenfassung der Ressource

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