What Should Be the Primary Goal of a Financial Manager

question 25

Essay

What should be the primary goal of a financial manager of a corporation? Why?

---

Definitions:

Line Managers

Managers who have direct responsibility over a specific department or team, involved in day-to-day operations and personnel management.

Organisation's Product

The result of a company's efforts, whether it's a tangible good, service, or digital offering, created to fulfill customer needs.

Small Work Group

A limited number of individuals assembled to perform tasks or achieve specific goals, characterized by close interaction and collaboration.

Non-Managerial Workers

Employees within an organization who are not in charge of supervising others and focus on executing tasks rather than managing.