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Economical Management can be a approach wherever planned choices are taken so as To optimize the owner’s wealth. The most important role of monetary administration is acquisition of resources in the shape of raising and allocation of money, important enlargement, merger, reorganization, funds administration, and so on.
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There is proscribed or no recourse to the sponsors in the project (shareholders of project enterprise are generally only liable up into the extent in their shareholdings);
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Business finance revolves around the management of cash as well as other useful assets of different corporations.