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what is finance?
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Answer Posted / gopi krishna vaishnav
The field of finance refers to the concepts of time, money
and risk Finance is used by individuals (personal finance),
by governments (public finance), by businesses (corporate
finance), as well as by a wide variety of organizations
including schools and non-profit organizations. In general,
the goals of each of the above activities are achieved
through the use of appropriate financial instruments, with
consideration to their institutional setting.
Finance is one of the most important aspects of business
management. Without proper financial planning a new
enterprise is unlikely to be successful. Managing money (a
liquid asset) is essential to ensure a secure future, both
for the individual and an organization.
and how they are interrelated
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