Question
Business Studies Question on Financial Markets
Sharma ltd. is a market leader in the business of export of garments. Now he wants to venture into leather goods which require different productive resources. For this, he prepared a blue print to estimate the amount of funds required and the timings to ensure that adequate funds are available at the right time.
Identify the financial concept discussed in the above para.
A
Financial Management
B
Financial Planning
C
Management of Fixed Capital
D
Management of Working Capital
Answer
Financial Planning
Explanation
Solution
The correct option is (B) :Financial Planning.