Page 11 - DBP5043
P. 11

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             RESPONSIBILITIES OF FINANCIAL
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                                        MANAGERS
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            iv)   Dealing with financial markets
            As financial managers, they will have to deal with
            money markets and capital markets. The financial
            manager has to obtain financing either through the
            money market or capital market. He may have to
            decide on investing excess or idle fund in the financial
            markets. He will also have to foster relationships with
            creditors (for example – bank loan officers),
            stockholders, investors and governmental regulatory
            bodies.
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