Ask Question
BusinessBusiness
7 June, 15:03

What does financial and non-financial strategies mean?

+5
Answers (2)
  1. 7 June, 15:24
    0
    Financial and non-financial strategies:

    Financial strategies:

    A financial strategy enables to evaluate financial needs and resources required to support and meet our objectives and to fulfill the organization's overarching objectives. It outlines a firm's financial long and short term goals. It has three components financing, investment, dividends.

    Non-financial strategies:

    Non financial strategies are any information that does not hold any monetary value allocated to it. The information are considered as notes to the financial statement. This strategy focuses more on what the firm wants to achieve over the long term rather than how the firm wants to accomplish something, which you do through specific strategy.
  2. 7 June, 18:46
    0
    Answer: financial strategies defines and measured in financial terms, cost savings, sales revenues, or profit. Non - financial changes in key performances indicates accident rate, or customers satisfaction survey scores.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What does financial and non-financial strategies mean? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
For each of the following cases, state whether the statement is true for LIFO or for FIFO. Assume that prices are rising. (a) select a method results in a higher quality of earnings ratio. (b) select a method results in higher phantom profits.
Answers (1)
Star Wars memorabilia has been continuously successful since the first film was released in the 1970s, and the most recent film releases have led to a massive increase in sales. This is an example of ___.
Answers (1)
Explain the law of one price and the theory of purchasing power parity. Why doesn't purchasing power parity explain all exchange rate movements in the short run? What factors determine long-run exchange rates?
Answers (1)
What is a current movement toward or away from style or interest? A) trend B) consumer C) good
Answers (1)
If the direct method is used to report cash flows from operating activities in the body of the statement of cash flows, a reconciliation of net income to net cash flows from operating activities also is required. True or False
Answers (1)
New Questions in Business
Which education and qualifications are especially useful for Food Products and Processing Systems careers? Check all that apply.
Answers (1)
Marks Corporation's balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents $ 47 $ 37 Accounts receivable 53 57 Inventory 63 60 Property, plant, and equipment 548 440 Less accumulated
Answers (1)
What happens to prices and wages during an expansion?
Answers (1)
Suppose that the equilibrium price of greeting cards declined at the same time the equilibrium quantity of greeting cards increased. Which one of the following would most likely be responsible? a.
Answers (1)
You plan to borrow $ 2 comma 000 from a bank. In exchange for $ 2 comma 000 today, you promise to pay $ 2 comma 100 in one year. What does the cash flow timeline look like from your perspective? What does it look like from the bank's perspective?
Answers (1)
Home » Business » What does financial and non-financial strategies mean?
Sign Up Forgot Password?