A company needs financial objectives to:
A) spur company personnel to help the company overtake key competitors on such important measures as net profit margins and return on investment.
B) communicate management's targets for financial performance and achieve strategic objectives.
C) indicate to employees whether the emphasis should be on earnings per share,or return on investment,or return on assets,or positive cash flow.
D) convince shareholders that top management is acting in their interests.
E) counterbalance its pursuit of strategic objectives and have a balanced scorecard for judging the caliber of its overall performance.
Correct Answer:
Verified
Q37: A company should not couch its mission
Q38: An engaging and convincing strategic vision:
A) ought
Q39: Well-stated objectives are:
A) quantifiable or measurable,and contain
Q40: The primary difference between a company's mission
Q41: Strategic intent refers to a situation where
Q43: Adopting a set of "stretch" financial and
Q44: The task of stitching together a strategy
A)entails
Q47: The faster a company's business environment is
Q55: A company exhibits strategic intent when
A)management crafts
Q56: A company that pursues and achieves strategic
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