ACTIVIDAD 1 y 2
A. CATEGORIAS LEXICALES Y USO DEL DICCIONARIO
Financial Management
Financial management entails planning for the future of a person or a business enterprise to ensure a positive cash flow. It includes the administration and maintenance of financial assets. Besides, financial management covers the process of identifying and managing risks.
The primary concern of financial management is the assessment rather than the techniques of financial quantification. A financial manager looks at the available data to judge the performance of enterprises. Managerial finance is an interdisciplinary approach that borrows from both managerial accounting and corporate finance.
Some experts refer to financial management as the science of money management. The primary usage of this term is in the world of financing business activities. However, financial management is important at all levels of human existence because every entity needs to look after its finances.
Financial Management: Levels
Broadly speaking, the process of financial management takes place at two levels. At the individual level, financial management involves tailoring expenses according to the financial resources of an individual. Individuals with surplus cash or access to funding invest their money to make up for the impact of taxation and inflation. Else, they spend it on discretionary items. They need to be able to take the financial decisions that are intended to benefit them in the long run and help them achieve their financial goals.
From an organizational point of view, the process of financial management is associated with financial planning and financial control. Financial planning seeks to quantify various financial resources available and plan the size and timing of expenditures. Financial control refers to monitoring cash flow. Inflow is the amount of money coming into a particular company, while outflow is a record of the expenditure being made by the company. Managing this movement of funds in relation to the budget is essential for a business.
At the corporate level, the main aim of the process of managing finances is to achieve the various goals a company sets at a given point of time. Businesses also seek to generate substantial amounts of profits, following a particular set of financial processes.
Financial managers aim to boost the levels of resources at their disposal. Besides, they control the functioning on money put in by external investors. Providing investors with sufficient amount of returns on their investments is one of the goals that every company tries to achieve. Efficient financial management ensures that this becomes possible.
Strong financial management in the business arena requires managers to be able to:
Interpret financial reports including income statements, Profits and Loss or P&L, cash flow statements and balance sheet statements
Improve the allocation of working capital within business operation
Review and fine tune financial budgeting, and revenue and cost forecasting
Look at the funding options for business expansion, including both long and short term financing
Review the financial health of the company or business unit using ratio analyses, such as the gearing ratio, profit per employee and weighted cost of capital
Understand the various techniques using in project and asset valuations
Apply critical financial decision making techniques to assess whether to proceed with an investment.
Understand valuations frameworks for businesses, portfolios and intangible assets
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A. Categorias lexicales y uso del diccionario.
1. Selecciona un texto relacionado con tu área de interés. Identifica 3 palabras que no conoces. Agrega las abreviaciones.
Palabras desconocidas:
Rather: ['rɑːðər] adv. 1 ( a little )algo , ( fairly )bastante , ( very )muy , she's rather reserved es algo reservada
Approach: [ə'prəʊʧ] noun 1 ( coming near )aproximación f, acercamiento , ( arrival )llegada , 2 ( way in )acceso, entrada , 3 ( to problem )enfoque m, we have to try a different approach to the problem deberíamos intentar un enfoque diferente del problema
vi 1 ( come near )acercarse, aproximarse ,
vt 1 ( come near )acercarse a, aproximarse a , 2 ( tackle - problem )enfocar, abordar , ( - person ) dirigirse a ,
2. Idea principal del texto (en español):
La gestión financiera, o la gerencia financiera es la base que toda empresa necesita para el control correcto de los recursos con los que cuenta una organización. Así como también está relacionada con la toma de decisiones gerenciales, y la fijación de objetivos y metas.
3. Categorías lexicales: (2 ejemplos por categoría)
•Palabras de contenido: financial, involves
•Palabras de Función: On, Into
•Verbos: spend, seek
•Adverbio: including ,making
•Adjetivo: Interpret
•Artículo: the
•Preposiciones: on, Of, in
•Conjunción: that, and
•Cognados verdaderos: process, associated
•cognados Falsos: N/A
•Sufijo: statements, budgeting
•Prefijos: Im, ex
B. Estructura de la oración: (2 ejemplos)
Review the financial health of the company or business unit
1. Frase nominal
· the financial health of the company or business unit
· Núcleo de la frase nominal
Company or business
1.1 pre modificadores- post modificadores
No presenta
2. Frase verbal
Review
3. Tiempo verbal
· Presente simple
Some experts refer to financial management as the science of money management
1. Frase Nominal
Financial management as the science of money management
1.1. Núcleo de la frase nominal
Financial management
1.2. Pre modificadores/ Post Modificadores
2. Frase verbal
Some experts refer
3. Tiempo verbal
· Presente simple
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