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 convince shareholders that top management is acting in their interests.
D)to translate the company's business model into action items.
E)to indicate to employees that financial objectives always take precedence over strategic objectives.

Question

Quizplus · Accepted Answer

Financial objectives are crucial for ensuring a company's profitability and financial strength, which are essential for its survival. This addresses the fundamental need for a company to be financially viable to continue operations and achieve its long-term goals.

A Company Needs Financial Objectives