Which of the following is generally NOT considered to be a viable operational goal for a firm?

Question

Quizplus · Accepted Answer

Maintaining a strong local currency is not a viable operational goal for a firm because a firm does not have control over the strength of the currency. The exchange rate is determined by market forces and the actions of central banks, and firms must adapt their operations to fluctuations in exchange rates rather than trying to maintain a specific level of currency strength. The other options (maximization of after-tax income, minimization of the firm's effective global tax burden, and correct positioning of the firm's income, cash flows and available funds as to country and currency) are viable operational goals for a firm because they relate to the management of the firm's financial resources and the optimization of its profitability.

Which of the Following Is Generally NOT Considered to Be