![]() They are completely customer-centric, and their goal is to win the support of customers for their products. It helps in easing the selling process they understand the customer wants and needs and try to serve them basis that to capture the market and get customer satisfaction. The key tools of marketing are communication and advertisement/promotions. Marketing contributes to increased business transactions, sales, and profitability. For any business to be successful, marketing is the key it plays a critical role in developing public awareness, customer attention and helps to build customer relationships and trust. The ultimate goal is to attract customers and launch the products and services in the market. It starts from planning for pricing the products/services, promoting it, and the distribution channels. Marketing is the process of promoting products or services. They manage both working capital needs, which are short-term, and also utilize funds for long-term business projects. Funds are always used for short-term and long-term business goals. The funds are utilized in business operations to maximize revenue and returns. In business, finance predominantly deals with both sourcing and utilization of funds. Managing money for operational activities of the government, planning for social programs for the people, etc. ![]() Public Finance: It involves public taxes, planned spending for the public, budgeting for the expenses and resources, etc.In addition, corporate financial planning, cash flow budgeting, Capital budgeting, etc., comes under corporate finance. For Capital markets and securities-related, the corporates may route through investment banks. Corporate Finance: It relates to financial activities done in corporates like raising funds, bond issues, raising capital, stock issues, etc.So planning involves consideration of an individual’s earning, savings, goals, lifestyle requirements, etc. Personal finance is related to one individual considering the financial situation. Personal Finance: It involves analyzing the financial position and financial planning of any individual.The major element is managing the capital, whether personal finance, corporate finance, or public finance.įinance is majorly divided into three main categories: Finance also deals with planning and budgeting the cash flow, expenses, and income. Download Corporate Valuation, Investment Banking, Accounting, CFA Calculator & others Financeįinance is a term that involves managing money and funds, learning about money and investment.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |