Financial management is an essential component of running any business. This assignment delves into the fundamentals of financial management, such as budgeting, capital allocation, risk assessment, and financial analysis. Effective financial management is critical to a company's profitability and long-term viability. It dives into the complexities of cost of capital, financial ratios, and strategic decision-making as well. The assignment emphasises the significance of careful financial planning, accurate forecasting, and the function of financial markets in capital raising. This information is critical for firms attempting to flourish and adapt in an ever-changing economic market.
