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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Financial Objectives
In the practice questions one question was based on the financial objectives and in the answer it is provided that maximising market share is not a example of a financial objective.which are the 3 main financial objectives is it(shareholder wealth maximisation,profit maximisation and EPSS growth)?
In kaplan textbook it is said that many other objectives are also suggested for company’s including:
1.profit maximisation
2.growth(what growth)
3.market share
4.social responsibility
then,what are they?
sorry sir,This question is from dec 2014 question paper!
Companies have many objectives, but not all are financial objectives.
Market share and social responsibility are non-financial objectives.