Najib H Khan: Financial management and business management are two distinct but interrelated fields. While business management deals with the overall functioning and operations of a business, financial management specifically focuses on managing the financial resources of a company. Najib H Khan, a renowned expert in financial management, emphasizes that financial management is crucial to the success of any business and should be given equal importance as other business functions.
Business management involves planning, organizing, directing, and controlling the activities of a company to achieve its goals and objectives. It includes managing human resources, marketing, operations, and other business functions.