The best example of a well-stated, specific financial objective is to
A)increase earnings per share by 15 percent annually.
B)gradually boost market share from 10 percent to 15 percent over the next several years.
C)achieve lower costs than any other industry competitor.
D)boost revenues by a percentage margin greater than the industry average.
E)maximize total company profits and return on investment.

Question

Quizplus · Accepted Answer

This is a specific, measurable financial objective that includes a specific target (15 percent increase in earnings per share) and a time frame (annually).

The Best Example of a Well-Stated, Specific Financial Objective Is