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
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
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
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