Posts

Showing posts with the label Assignment Help Online

Role of Finance in Economic Development

Image
Finance plays a vital role in Economic Development. It is a broad subject and has many aspects attached to it. Financial topics include managerial finance, balance sheet analysis, capital budgeting, etc. Finance Assignment Help Online explains the various role of finance in economic development. Some of the rules of finance in economic development are discussed below: - ·          Growth of Capital Market- Two types of capital is required for any business- fixed capital and working capital. As the name suggests, fixed capital is used to invest in fixed assets (plant, infrastructure, and machinery). While the working capital is used to run the day-to-day activities of the business. The main use of working capital is to purchase raw materials and convert them into finished products. ·          Development of Trade- Finance or the financial system is the basis of promotion of both domestic and fo...

Finance and its relation with Marketing

Image
The main objective of a marketing department is to sell goods and satisfy needs of the customers. Marketing includes the development of the product, promotion of that product and its distribution activities. The importance of finance in marketing is explained in Finance Assignment Help Online . To perform all these activities, the marketing department needs money to pay salesmen, for advertisements and other promotional activities. Sometimes, finance department rejects the money asked by the marketing department. It will create confliction due to different perceptions. In order to avoid conflict, a healthy and good relationship must be maintained between both the departments. When the marking department gets big order to supply goods, then the finance department must help by arranging money for buying raw materials so that the production can be started without any delay. Finance and Marketing are related to each other in several ways. Finance and its relation with Production:...