Vikrant joins his father’s business of Organic masalas, near otgarh in Himachal after completing his MBA. In order to capture a major share of the market, he decided to sell the product in small attractive packages by using the latest packaging technology. His father suggested that they hire financial consultants to estimate the amount of funds that would be required for the purpose & timings when it would be required. The concept being discussed by ikrant’s father, links which financial decision with the investment decision. a.)Dividend decision? ,(b) Financial Planning, (C) capital structure decision, (d) Financing decision.
How finanacial planning is an indispensable part of financial management?
Mr. Mohan, Financial manager to ABC Ltd., has prepared the annual statement of proposed expenditure to be presented in the Annual General Meeting. Identify the type of plan formulated by the financial manager.
