Which of the following goals would not serve as good criteria for - ProProfs Discuss
Topics
Products
Follow Us:

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



A. Minimizing Corporate Tax
B. Slashing costs
C. Beating the Competition
D. Maximizing Profits
E. Maximizing market share.

This question is part of Introduction to Financial Management
Asked by Hdtchr, Last updated: May 25, 2020

+ Answer
Request

1 Answer

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.
 

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

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