Introduction
Every musical arrangement has near future fiscal goals that help it to achieve the business objectives. A financial plan is also supportive in achieving financial goals of the organization. The financial goals should be clear for the efficiency of the financial plans. Ford, GMC and Chrysler atomic number 18 the Multinational Corporations in the manufacturing of automobiles. The financial goals of the organization should be received and consensus based, so that business objectives can be achieved. Short end point financial goals are set for the period of one division or less time period; while longsighted marge financial goals are set for more than quintuple years.
The financial goals explain the mission and scheme of the organization. The financial goals are set by its long edge planning system. The financial goals are set according to the precession of the organization. The change in the any financial goal of the organization is made according the effect on the opposite goals. pecuniary goals are changeable, and unstable, and therefore, managers find it difficult to understand and accept the financial goals system.
Short term Financial Goals of Chrysler
Chrysler is the automobile manufacturer company in the America that was constituted in year 1925. It is traded in the NYSE under the C symbol.
The current name of the Chrysler is Daimler Chrysler as it sold its 80.1% stock to the another(prenominal) capital firm of America. It is the largest truck manufacturer company in the world. It also provides financial services to the people by its other businesses. The financial segment of the company provides financing services to the distributors for the strain and property.
The most important short term financial goal of the Chrysler is to increase the operating lucre by increasing the sales revenue. The increase in the operating profit will cause an increase in the...
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