Overview of Strategic Financial Management
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The process of managing the finances of a company to
Strategic Financial Management
meet its strategic goals.
Uses different techniques and financial tools to devise a
Management approach
strategic plan.
Focuses on managing funds with a strategic perspective
Long-term fund management
over the long term.
Promotes the profitability, growth, and presence of the
Profitability and growth
firm over the long term.
Shareholders' wealth Strives to maximize the wealth of shareholders.
A continuously adapting and revising process to achieve
Evolving process
financial goals.
Includes innovative methods for solving business prob-
Multidimensional approach
lems.
Develops strategies and supervises action plans consistent
Applicable strategies
with business objectives.
Analyzes factual information using quantitative and quali-
Analytical financial methods
tative reasoning.
Utilizes resources and focuses on the outcomes of devel-
Economic and financial resources
oped strategies.
Offers solutions by analyzing problems in the business
Solutions to business problems
environment.
Helps financial managers make decisions related to in-
Investment decisions
vestments in assets.
Financing decisions Assists in decisions related to the financing of assets.
Drives decision making that prioritizes long-term business
Decision making
objectives.
Setting company targets Assists in establishing targets for the company.
Planning and governing plans 1/4
Study online at https://quizlet.com/_hjiont
The process of managing the finances of a company to
Strategic Financial Management
meet its strategic goals.
Uses different techniques and financial tools to devise a
Management approach
strategic plan.
Focuses on managing funds with a strategic perspective
Long-term fund management
over the long term.
Promotes the profitability, growth, and presence of the
Profitability and growth
firm over the long term.
Shareholders' wealth Strives to maximize the wealth of shareholders.
A continuously adapting and revising process to achieve
Evolving process
financial goals.
Includes innovative methods for solving business prob-
Multidimensional approach
lems.
Develops strategies and supervises action plans consistent
Applicable strategies
with business objectives.
Analyzes factual information using quantitative and quali-
Analytical financial methods
tative reasoning.
Utilizes resources and focuses on the outcomes of devel-
Economic and financial resources
oped strategies.
Offers solutions by analyzing problems in the business
Solutions to business problems
environment.
Helps financial managers make decisions related to in-
Investment decisions
vestments in assets.
Financing decisions Assists in decisions related to the financing of assets.
Drives decision making that prioritizes long-term business
Decision making
objectives.
Setting company targets Assists in establishing targets for the company.
Planning and governing plans 1/4
