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Sagot :
When managers at ADK Marketing will start using information technology firstly they should assign financial and non-financial goals to each team’s activities.
Why it is important for the manager to set financial and non-financial goals?
- A route to financial freedom and a life free of debt can both be found with the help of meaningful goals. Together, the advantages of setting financial goals can improve the financial situation.
- One will become more assured in their financial judgments and see a marked reduction in worry over money.
- Finding potential strategies that can increase the market value of the firm is the goal of strategic financial management.
- In order to achieve the targeted short-term and long-term goals and maximize value for the shareholders, it also makes sure that the firm is effectively executing the plan.
- The odds of the business attaining significant financial goals, like sales and profitability, are increased when essential non-financial goals are attained.
To learn more about financial and non-financial goals refer to:
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