MENU
Which of the following does NOT represent a strategic financial goal for a global company?
Suggested Answer: B
Get Premium GPHR Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
39 comments · newest first
LI
Lilli
10 months ago
Really? I thought managing currency was super important too.
TI
Tiffiny
11 months ago
Decreasing costs is crucial for any company!
ED
Edmond
11 months ago
Wait, are we sure C isn't a strategic goal?
AD
Adolph
11 months ago
I think D is more about growth than strategy.
VE
Vesta
11 months ago
A is definitely a strategic goal.
DE
Devon
12 months ago
I lean towards A as well, but I wonder if managing currency is part of a broader strategy. It’s tricky!
RO
Rosio
12 months ago
I feel like new market penetration is definitely a strategic goal, so I don't think it's C. But I'm a bit confused about A.
BU
Burma
12 months ago
I remember a practice question that asked about strategic goals, and I think decreasing costs is usually a priority for companies. So maybe it's not B.
VI
Vicky
1 year ago
I think the answer might be A, but I'm not completely sure since managing currency fluctuations seems important too.
JE
Jennie
1 year ago
Okay, I've got this. New market penetration is a strategic goal, not something that would be considered "not a strategic goal." I'm confident the answer is A.
VI
Vilma
1 year ago
Increase revenue is definitely a key strategic goal, and managing currency fluctuations and decreasing costs are also important. I think the odd one out here is new market penetration.
AR
Art
1 year ago
Hmm, this is a tricky one. I'm not entirely sure what the right answer is, but I'll try to reason through it step-by-step.
SH
Sheldon
1 year ago
This seems like a straightforward question about strategic financial goals for a global company. I'll carefully consider each option and try to identify the one that doesn't fit.
RO
Rodolfo
1 year ago
The Controller and Helper resources can both contain JavaScript functions, but I'm not sure about the third one. I'll have to think this through carefully.
TI
Timothy
1 year ago
Wait, so a global company's financial strategy doesn't involve bribing government officials and avoiding taxes? Talk about out of touch.
EV
Evette
1 year ago
Hold up, are you telling me that 'new market penetration' isn't a strategic financial goal? Who wrote this exam, the CEO of Acme Corporation?
MA
Mabel
1 year ago
Exactly, it can help diversify the company's sources of income.
MA
Mariko
1 year ago
Yeah, it's important to expand into new markets to increase revenue.
AL
Aliza
1 year ago
New market penetration can actually be a strategic financial goal for a global company.
JO
Jovita
1 year ago
D) Increase revenue
RE
Rene
1 year ago
C) New market penetration
PH
Phuong
1 year ago
B) Decrease cost of goods
DO
Dorothy
1 year ago
A) Effectively manage currency exchange fluctuations
SH
Shawnta
1 year ago
Increasing revenue? Duh, that's a no-brainer. What global company doesn't want to make more money? The real strategic mastermind move is to find a way to do it without paying their employees a living wage.
IZ
Izetta
1 year ago
User 3: Decreasing cost of goods can also have a big impact on profitability.
EL
Elizabeth
1 year ago
User 2: I agree, it's crucial to have a balanced approach to financial goals.
AL
Alaine
1 year ago
User 1: Increasing revenue is important, but so is managing currency exchange fluctuations.
LO
Loise
1 year ago
Nah, man. Decreasing the cost of goods is the way to go. That's the real key to boosting the bottom line. Who needs new markets when you can squeeze more profit out of the ones you've already got?
AN
An
1 year ago
Managing currency fluctuations is important for stability too.
ST
Stefania
1 year ago
But expanding into new markets can also bring in more revenue.
AS
Ashlee
1 year ago
I agree, cutting costs is crucial for profitability.
WA
Wava
2 years ago
But wouldn't decreasing cost of goods ultimately lead to increased revenue?
MA
Marjory
2 years ago
Option A seems like a pretty crucial financial goal for a global company. Managing currency fluctuations is no easy task, but it's essential for survival in today's global market.
RO
Ronna
1 year ago
D) Increase revenue
TH
Theola
1 year ago
C) New market penetration
KA
Karl
1 year ago
B) Decrease cost of goods
LO
Lorean
1 year ago
A) Effectively manage currency exchange fluctuations
CA
Carline
2 years ago
I disagree, I believe the answer is B) Decrease cost of goods.
WA
Wava
2 years ago
I think the answer is D) Increase revenue.