Finance management and strategies Flashcards
1
Q
Financial Management
A
Covers:
Planning
Organising
Directing and Controlling.
2
Q
FINANCIAL CONTROLS
A
Processes
Policies and
Procedures
3
Q
MAKING ETHICAL & SUSTAINABLE FINANCIAL DECISIONS
A
After the GFC there is higher scrutiny of ethical and sustainable financial decisions.
4
Q
What to do if needed financials
A
Gov grants.
Public investors.
Gov Grants.
5
Q
Evaluating Finance options
A
Triple bottom line analysis = people, planet, and profit.
Cost-benefit analysis = costs vs benefit.
