Which of the following is NOT a goal of financial strategies?
A)Examine the financial implication of corporate and business level strategic options and identify the best financial course of action.
B)Provide the corporation with the appropriate financial structure and funds to achieve its overall objectives.
C)Institute a new product development plan to generate profit potential.
D)Provide competitive advantage through a lower cost of funds and a flexible ability to raise capital to support a business strategy.
E)Attempt to maximize the financial value of the firm.

Question

Quizplus · Accepted Answer

The goal of financial strategies is to provide an appropriate financial structure and funds to achieve overall objectives, examine financial implications of strategic options, provide competitive advantage through a lower cost of funds and flexible ability to raise capital, and maximize the financial value of the firm. Instituting a new product development plan to generate profit potential is not explicitly a goal of financial strategies, although it may contribute to achieving the overall objectives.

Which of the Following Is NOT a Goal of Financial