Question: Why is it important to set financial objectives? Multiple Choice To overtake key competitors on such important measures as net profit margins and return on

Why is it important to set financial objectives? Multiple Choice To

Why is it important to set financial objectives? Multiple Choice To overtake key competitors on such important measures as net profit margins and return on investment. Without adequate profitability and financial strength, the company's ultimate survival is jeopardized. To convince shareholders that top management is acting in their interests. To translate the company's business model into action items. To indicate to employees that financial objectives always take precedence over strategic objectives

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