Skip to content
ACCA exam results — Are you ready?Chat about it >>

Ask the Tutor ACCA FM

Financial and Non financial objective

CCused6y ago
While practicing kaplan kit, i saw question asking whether maximisation of market share is financial objective or non financial objective i thought it was financial but the answer suggest it is non financial objective but even after going to answer i was unable to understand it please John Moffat sir i need little help over here...
John MoffatJohn MoffatTutor6y ago#1
Financial objectives refer to this objectives that are measured in $'s. Although obviously higher market share might well result in higher profits, it is not something that is measured in $'s (and might not result in higher profits anyway because they might increase market share by reducing the selling price :-) )
CCused6y ago#2
thank you john sir
John MoffatJohn MoffatTutor6y ago#3
You are welcome :-)
This topic is locked — no new replies.