Business Finance

Why is business finance important for an organization?

• To increase employee workload

• To improve public image only

• To ensure efficient use of financial resources

• To reduce competition

Which of the following is a key objective of business finance?

• Maximizing government control

• Wealth maximization

• Increasing tax burden

• Avoiding all investments

What does business finance primarily deal with?

• Only product development

• Only marketing strategies

• Planning, acquiring, and managing funds

• Recruitment and selection

Which of the following is a long-term significance of business finance?

• Managing daily cash flow

• Purchasing office stationery

• Planning expansion and growth

• Conducting daily team meetings

How does business finance help in decision-making?

• By guessing future events

• By providing financial data and analysis

• By avoiding calculations

• By delaying investments

Business finance supports risk management by:

• Ignoring risks

• Minimizing and planning for financial risks

• Increasing uncertainties

• Outsourcing all business activities

Which of the following activities require business finance?

• Launching new products

• Marketing and promotion

• Hiring human resources

• All of the above

Financial planning ensures

• Wastage of money

• Lack of accountability

• Proper fund allocation and utilization

• Sudden decision-making

A Good financial capacity of the business will

• attract talented workforce

• attract low efficient technology

• handle expense and stay with debt

• all the above

Business finance enables you to

• invest in new projects

• enter new markets

• adopt advanced technologies

• all of the above