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Questions and Answers
What is the primary focus of the course Business Finance SY 2023-2024?
What is the primary focus of the course Business Finance SY 2023-2024?
What is the percentage of the Written Work component in the overall grading system?
What is the percentage of the Written Work component in the overall grading system?
What is the role of Financial Management in an organization?
What is the role of Financial Management in an organization?
What is the purpose of the dual-learning approach in the course?
What is the purpose of the dual-learning approach in the course?
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How is the final grade calculated in the course?
How is the final grade calculated in the course?
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What is the primary objective of a business entity, according to Ernest Jones (1994)?
What is the primary objective of a business entity, according to Ernest Jones (1994)?
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What is the main role of financial management in an organization?
What is the main role of financial management in an organization?
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What is the reason why a business needs a variety of assets, including tangible and intangible assets?
What is the reason why a business needs a variety of assets, including tangible and intangible assets?
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What is the importance of cash availability in a business, according to Ernest Jones (1994)?
What is the importance of cash availability in a business, according to Ernest Jones (1994)?
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What is the role of financial institutions and markets in business finance?
What is the role of financial institutions and markets in business finance?
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Study Notes
Course Overview of Business Finance
- Covers fundamental principles, tools, and techniques of financial operations in business management
- Includes financial analysis, financial planning, and control, as well as investment and financing decisions
- Introduces basic concepts and principles for making investment and financing decisions
- Covers introduction to investments and personal finance
Grading System
- Component Midterm Finals: 25%
- Performance Task: 45%
- Term Examination: 30%
- Final Grade: Midterm Grade + Final Term Grade
Business Finance Week 1: Introduction to Financial Management
- Definition of Business Finance
- Definition of Financial Management
- Major Role of Financial Management:
- Maximizing shareholders' wealth
- Ensuring liquidity and profitability
- Maintaining optimal capital structure
- Objectives of Financial Management:
- Maximizing wealth
- Ensuring liquidity
- Maintaining optimal capital structure
- Flow of Funds Within the Organization
- Financial Institutions, Financial Instruments, and Financial Markets
Learning Competencies
- Define Finance
- Distinguish those responsible for financial management within an organization
- Characterize primary activities of the financial manager
- Explain how the financial manager helps achieve the organization's goal
- Describe the role of financial institutions and markets
Financial Terms
- Business Finance: biz·nuhs fai·nans
- Financial Management: fai·nan·shl man·ij·muhnt
- Debtor: deh·tr
Business and Finance
- A business is an entity that links skills, energy, and enterprise with money, its sources, and investment
- Success is measured by wealth or profit
- Elements of successful business finance:
- Obtaining money from right sources
- Investing in the right places
- Maintaining cash availability
- Business finance involves managing financial resources available to the organization
- Importance of business finance in personal life
Studying That Suits You
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Description
Get familiar with the fundamental principles and tools of financial management in business enterprises. This course covers financial analysis, planning, and control, as well as investment and financing decisions. Learn to take responsibility of your own expenses and become a financial manager. This quiz is based on the 4th quarter of the 2023-2024 syllabus.
