which financial needs is considered in traditional financial approach
Hii there, your question is not clear. It is not an appropriate way to ask your doubts. Please if possible correct it or ask again. As far as I can understand your question, it is about number of approaches connected wity financial function.
There are two ways
1. Traditional approach
2. Modern approach
Traditional one relates it to the initial stages of approach that was during 1920's and 1930's when the term "Corporation finance" was used for "financial management".
Plaese visit some finance sites to know more. Good luck!!!