Nottingham Trent University Graduate School

Research Proposal Coversheet

Title of Proposed Research Project: Financial Resources Management

Introduction1

Problem Statement1

Thesis Statement2

Purpose of the Study2

Aims and Objectives2

Hypothesis3

Research Questions3

Literature Review4

The Unifying Model of Financial Management5

Importance Of Financial Planning5

Methodology9

Expected Results10

Possible Limitations10

Activity Plan & Schedule10

References12

Financial Resources Management

Introduction

In today's world, dramatic changes and advances in communications and information technology have taken place. These facilities can help in ensuring that the international business and financial resources help in maintaining the sustainable environment for the company. The role of finance manager in utilizing and allocating financial resources is critical. He is expected to possess multi skills and higher knowledge of managing financial resources. The primary duty of financial care takers of the company is to ensure that they make sound decisions that achieve the maximized value for the company. The success of the company is not limited to the marketing and sales strategies (Raassens et.al 2012, pp. 691). It is also dependable on the short term and long term strategic plans of management of financial resources.

Problem Statement

The underlying consequences of managing risk and rewards are huge. Whenever organizations of any size go for innovation, there is a range of threat that surrounds the process. Risk is not always negative. It can be considered as either negative or positive depending on the outcomes. If the risk is planned properly at initial levels, then areas of uncertainty are reduced further. For this purpose, organizations should be able to identify their financial issues that can lead to the crisis situation if not managed effectively (Wilson 2013, pp. 169). Many companies have now developed the tools for measuring the effectiveness of financial resources, but the ways that ensure the controls and structures in place are still unclear.

Thesis Statement

Financial Resources management is not an isolated process and is dependent on key changes in trends.

Purpose of the Study

This endeavour and study will first and foremost be a descriptive study. The primary focus of the study will revolve around the impact of most recent trends on the utilization of financial resources that a company possess. It will also address the activities of such companies and their effectiveness in terms of financial and economic indicators. The aim of this project is to identify and explore how successful companies have managed their financial resources in order to maintain a long term success. This raises questions as to what exactly financial resources are and in what ways they can be used by the managers and decision makers. In what ways has financial knowledge facilitates the critical issues of the company such as information dissemination, financial decision-making and deliberation? Also, what are the new cultural, social and political changes that can affect financial resources? What existing business forces are disadvantageous to its development? Lastly, what strategies can be found to be instrumental in developing a fully effective management policies and procedures that act to serve as a model for global developing companies?

Aims and Objectives

The study will address the ways of identification of financial resources that a company possess and can utilize ...