-
Best of luck to the class of 2024 for their HSC exams. You got this! Let us know your thoughts on the HSC exams here -
YOU can help the next generation of students in the community! Share your trial papers and notes on our Notes & Resources page
what financial strategies?? (1 Viewer)
- Thread starter study69
- Start date
Depends on what area of the business you wish to improve ...
You've got management of Working Capital and its influential factors through:
WC Management - Factoring, Leasing, Sale and Lease back
CA Management - Budgeting
CL Managament - Budgeting
Recievables Management - Factoring, Creit Policy, Discounting
Inventory Management - JIT
Effective profitability management involves the consideration of cash flows, revenue and cost:
CashFlow Management: CashFlow Statements, Management Skills (Allocation of Funds/Resources, Discounts)
Cost Management: Cost Centers, Expense Minimisation, Reduction in Fixed/Variable Costs
Revenue Control: Pricing Policy, Sales Mix, Sales Objectives
Good Luck
.... of course theres a whole lot more if youre talking about a global business under 'financial management'
You've got management of Working Capital and its influential factors through:
WC Management - Factoring, Leasing, Sale and Lease back
CA Management - Budgeting
CL Managament - Budgeting
Recievables Management - Factoring, Creit Policy, Discounting
Inventory Management - JIT
Effective profitability management involves the consideration of cash flows, revenue and cost:
CashFlow Management: CashFlow Statements, Management Skills (Allocation of Funds/Resources, Discounts)
Cost Management: Cost Centers, Expense Minimisation, Reduction in Fixed/Variable Costs
Revenue Control: Pricing Policy, Sales Mix, Sales Objectives
Good Luck
.... of course theres a whole lot more if youre talking about a global business under 'financial management'