Which is more important to a company's future financial performance, the achievement of strategic objectives or the achievement of financial objectives? Why?

What will be an ideal response?


A good financial performance, by itself, is not enough. Of equal or greater importance is a company's strategic performance-outcomes that indicate whether a company's market position and competitiveness are deteriorating, holding steady, or improving. A stronger market standing and greater competitive vitality-especially when accompanied by competitive advantage-is what enables a company to improve its financial performance.

Business

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Choose the correct verb in parentheses. Although the framers decided that Congress (might, could) override a presidential veto, mustering the required votes is difficult

Business

Forecasting and the accompanying managerial decisions are extremely difficult when either the supply of raw materials or the demand for the finished product is highly unpredictable

Indicate whether the statement is true or false.

Business

In an assignment for the benefit of creditors, if each creditor is paid a pro rata share of his original obligation, the debtor is then discharged from any further obligation to the creditor

a. True b. False Indicate whether the statement is true or false

Business

It is not uncommon for sales personnel at The Electronics Showroom to use aggressive sales tactics to encourage customers to buy Giant-Size brand televisions. Giant-Size has encouraged this behavior by using

A. trade-in allowances. B. slotting allowances. C. advertising allowances. D. stocking allowances. E. push money allowances.

Business