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The Strategic FinancialPlanning Process The Strategic Financial Planning Process The strategic financial planning process is distinctive in the sense that it incorporates the tasks of strategy creation as well as financial planning. For many years, these two processes have been thought to be independent in most businesses throughout the globe. Strategic financial … Read more
What is Catastrophe? The Meaning and Definition of a Catastrophe A cataclysm is a natural disaster caused by an event that makes life difficult for many people. A few examples of disasters that have led to catastrophes are the eruption of Mount St. Helens in 1980, the destruction of the Great Wall of China in … Read more
Principles of Strategic Financial Management The study of strategy isn’t a precise science. This is because tactics are developed based on an individual’s or a group’s expectations about the future. As a result, if various persons carry out the task of strategic financial management, they are likely to produce diverse outcomes. As a result, the … Read more
Strategic Financial Management – Meaning and Its Functions Anyone interested in pursuing a career in financial management should study the subject. Traditional financial management, on the other hand, aids in making short-term judgments. The primary goal of financial management, for example, is to assist firms in making three decisions: investment, financing, and dividend. These … Read more