The main principles of financial management may be applied to most organisations. However, the role of the financial manager may be affected by the type of organisation in which he or she works.
Required
Describe the key characteristics of the financial management function and the role of the financial manager in each of the following types of organisation.
(a) Quoted high-growth Company
(b) Quoted low-growth Company
(c) Unquoted company aiming for a stock exchange listing
(d) Small family-owned business
(e) Non-profit-making organisation, for example a charity
(f) Public sector, for example a government department