Financial Management In Food Enterprises And Globalization Of Electronic Business In Serbia

Use of finance in a certain form has been present and operational since the emergence of the world's first civilizations such as: Egypt, Greece, Babylon, Rome and others. At that time, however, the financial system was primarily based on archaic stores of value - gold or silver money. In its basic definition, finances were created with the concept of money and the development of its functions as a payment and transactional mechanisms. Where there is no money, there is no value. Money is the determinant, but also the function of finance. The development of finance as a science and its function relates to the emergence of the state, since it is the primary creater and backer of money. In this regard, public-state finances first began to be studied, followed by other finanical disciplines. Whereby the equilibrium arises from the payment of debt, collection of claims between states, enterprises and individuals. (c) 2018 EA. All rights reserved.