Internal and external factors affecting financial objectives

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  • Financial objectives
    • Internal factors
      • Overall objectives of the business
        • Need to be consistent with cooperate objectives
      • Status of the business
        • Whether they are new or established
      • Other ares of the business
        • E.g. what is happening with staff turnover
    • External factors
      • Availability of finance
      • Competitors
        • New competitors enter the market
        • Demand for competitors products
      • The economy
      • Shareholders
      • Environmental/ ethical influences


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