English

Define business finance. - Commercial Studies

Advertisements
Advertisements

Question

Define business finance.

Definition

Solution

Business finance means money or funds required and used by business firms. In the words of Ronald Burns, "financing is the process of organising the flow of funds so that a business can carry out its objectives in the most efficient manner and meet the obligations as they fall due."

shaalaa.com
Sources of Finance
  Is there an error in this question or solution?
Chapter 10: Sources of Finance - EXERCISES [Page 170]

APPEARS IN

Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 10 Sources of Finance
EXERCISES | Q 1. | Page 170
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×