Esselte is one of the world's leading producers of office supplies.The company forecasts that its profits will double by the year 2012,and its financial manager will need to determine what should be done with the increased earnings.This forecast is part of which of the following activities?

Question

Quizplus · Accepted Answer

The forecast of doubling profits by the year 2012 is part of the company's strategic plan, which focuses on long-term forecasting and goal-setting for the entire organization. The financial manager will need to determine how the increased earnings can be strategically allocated to achieve the company's objectives.

Esselte Is One of the World's Leading Producers of Office