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Question : Case Study: PQR Enterprises - Funding Strategies for Diversification

PQR Enterprises is a well-established conglomerate planning to diversify its business operations. The company is evaluating various sources of business finance to support its diversification plans.

Questions : Business Finance and Diversification

What is the primary objective of financial planning for PQR Enterprises?

Option 1: Maximizing market share
 

Option 2: Achieving diversification
 

Option 3: Achieving long-term financial goals

    

Option 4: Meeting short-term operational needs


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 13th Jan, 2024

Correct Answer: Achieving long-term financial goals


Solution : The correct answer is (c) Achieving long-term financial goals

Financial planning involves formulating strategies to manage finances effectively to attain long-term financial objectives. It encompasses various aspects such as budgeting, forecasting, investment planning, risk management, and aligning financial activities with the company's strategic goals. By focusing on long-term financial goals, PQR Enterprises aims to ensure sustainable growth, profitability, and financial stability over an extended period.

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