Tuesday, May 31, 2011

KEY AREAS OF DECISION MAKING OF THE TOP MANAGEMENT

The key areas of the Top Management are
:-
1.  Understanding the nature of funds.
2.  Understanding of the elements that determine the value offered by alternative use of resources.
3.  Understanding of the ways in which various means of raising funds can be combined to produce greater values for business operations.
4.  Appreciation of the stock funds at the disposal of the firm and the ways of using the stock very efficiently.
5.  Understanding of the various means of recording the company’s history in terms of funds flow income statements, balance sheets and other reports for the purpose of management review and control.
6.  Understanding of ways of forecasting the funds movement associated with alternate programmers of resource use consideration.

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