influenves on financial objectives Flashcards

1
Q

why must overall business objectives be considered when setting financial objectives

A

finance objectives must support business overall aim

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2
Q

how do different departments affect financial objectives

A

objectives of other departments must be considered when setting finance objectives as all departments must be working towards same overall aim

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3
Q

how do shareholders affect financial objectives

A

actions of shareholders must be considered when setting finance objectives as shareholders need to be satisfied

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4
Q

how do comptetitors affect financial objectives

A

presence of competitors must be considered when setting finance objectives as competitors can affect demand and the fore revenue

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