what is concerned with the acquisition, financing, and management of assets with some overall goal in mind.(1)

Answer 1

The overall goal in mind could be maximizing profitability, achieving growth, managing risk, or fulfilling a specific mission or objective. This process is typically associated with financial management and involves making strategic decisions about how to allocate resources in order to achieve the desired outcome. Key activities within this process may include budgeting, investing, risk management, and performance measurement. Ultimately, the aim is to ensure that assets are utilized effectively and efficiently to support the organization's objectives.