Financial Management at TESCO

FY021 - Introduction to
Business Studies TASK 4

Table of Content
INTRODUCTION...........................................................................................................................2
Financial management................................................................................................................2
Importance of financial management..........................................................................................3
Role of financial manager in company.......................................................................................3
Sources of finance.......................................................................................................................4
CONCLUSION................................................................................................................................5
INTRODUCTION
Financial management is one of the most competitive aspect within management where
TESCO is actively heading on stronger financial management for competitive performance in

induystry. The report will be analysing financial management, importance and role of financial
manager at TESCO for productive goals within competencies enrichment targets widely, for up
scaling performance horizons at larger level.
Financial management
The financial management can be understood as planning, organizing and controlling
various aspects of procurement, utilization of funds within company strategic operations
effectively. It can be in depth evaluated as practical implementation of management principles
to finance resources at enterprise for competitive development on new paradigms, productive
expansion within new targets completion. Elements and principles of financial management are
based on consistency, timeliness, justification, documentation and certification domains for
informative functional avenues at frame. Good financial management enhances new imperative
vision of top management for new scale expansion, higher keen metrics evolving efficacy and
also to yield on quality growth domains. TESCO has been actively focusing ahead on financial
management targets for competent new diversity aspects and also for forming new enhanced
goals on longer run (Bulturbayevich, Sharipdjanovna and Gulnora, 2020).
Importance of financial management
When financial managers uses funds properly and in planned format strategically there is
imperative growth in quality productive targets and also increased value and goodwill targets
keenly, where it can be analysed that it enhance sound financial-statements at TESCO. The
financial decisions taken by management affects entire operational growth goals in varied
dynamic perspectives and also be strategically focused on innovation, leveraging keen domains
on new efficacy targets imperatively. Importance of financial management can be in depth
analysed for forming new growth goals within competence targets, horizons for framing new
performance related targets and also to in built new synergies within developing financial
statements. Financial management enables business skills to be enriched imperatively within
new larger levels for expanding shareholders goodwill and active strengthened keen goals, for
new potentialities' development. It can be more analysed that financial management enables
business domains at TESCO to be static, dynamic and also keenly formed on wider prospects
for new leveraging targets specifically.