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Discuss what you understand about Finance, why we need finance and how finance becomes essential requirement of every organization and in our daily life of

Discuss what you understand about Finance, why we need finance and how finance becomes essential requirement of every organization and in our daily life of social, political and economic arenas? Furthermore, discuss what strategic financial management means and why it is required in the personal and business arenas. What are major functions of financial management and what decisions are made by financial managers?

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