Which goals would not serve as good criteria for evaluation of - ProProfs Discuss
Advertisement

Which goals would not serve as good criteria for evaluation of financial performance?

Which goals would not serve as good criteria for evaluation of financial performance?<br/>

Change Image    Delete

Asked by Hdtchr, Last updated: Nov 09, 2024

+ Answer
Request
Question menu
Vote up Vote down

1 Answer

John Smith

John Smith

John Smith
John Smith

Answered Feb 19, 2017

Minimizing Corporate Tax
Slashing costs
Beating the Competition
Maximizing Profits
Maximizing market share.

None take into account investors exposure to financial risk or size of investment. Many businesses have been ruined by indiscriminate slashing of costs. Maximizing market share at any cost, may prove unprofitable. There is a fine line between legal tax minimization and fraudulent tax avoidance and unhealthy focus of tax might be to the detriment of higher profits. Likewise, a determined attitude to beating the competition may transgress Trade Practices laws. There is no exact measure of profit.
upvote downvote
Reply 

Advertisement
Advertisement
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader

Email Sent
We have sent an email to your address "" with instructions to reset your password.