Question

Financial performance goals and objectives does which of the following?

1) Helps the firm's employees to fulfill some of their own personal needs.
2) Compares a firm's actions to its competition.
3) Helps society to fulfill some of its needs.
4) Analyzes the firm's ability to provide a profit level adequate to continue and grow in business.
5) Helps stabilize the global financial market.

Answer 1

Financial performance goals and objectives analyze the firm's ability to provide a profit level adequate to continue and grow in business. These goals are focused on the financial health and viability of the company. They include metrics such as profitability, return on investment, cash flow, and other financial indicators.

Step-by-step explanation:

Financial performance goals and objectives analyze the firm's ability to provide a profit level adequate to continue and grow in business. Financial performance goals and objectives typically involve assessing a firm's ability to generate profits at a level that allows for sustainability and growth. These goals are focused on the financial health and viability of the company. They include metrics such as profitability, return on investment, cash flow, and other financial indicators that contribute to the firm's long-term success. Analyzing the firm's ability to provide a profit level adequate for continued operations and growth is a key aspect of financial performance evaluation.

Financial performance goals and objectives typically involve assessing a firm's ability to generate profits at a level that allows for sustainability and growth. These goals are focused on the financial health and viability of the company. They include metrics such as profitability, return on investment, cash flow, and other financial indicators that contribute to the firm's long-term success.