A Company Needs Financial Objectives

question 30

Multiple Choice

A company needs financial objectives

• A)to overtake key competitors on such important measures as net profit margins and return on investment.
• B)because without adequate profitability and financial strength,the company's ultimate survival is jeopardized.
• C)to indicate to employees that financial objectives always take precedence over strategic objectives.
• D)to convince shareholders that top management is acting in their interests.
• E)to translate the company's business model into action items.

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Definitions:

American Businessmen

Individuals from the United States engaged in activities concerning the production, sale, or distribution of goods or services for profit.

Philippines

An archipelagic country in Southeast Asia, consisting of more than 7,000 islands, known for its diverse culture, natural beauty, and colonial history.

Attack on Spain

This term lacks context but could refer to any military or aggressive action aimed at Spain throughout history, requiring specification of the event or period.

United States

A federal republic in North America comprised of 50 states, a federal district, five major self-governing territories, and various possessions.