Business studies help (1 Viewer)

[J2good4u]

witht the syllabus dotpoint conflicts between short and long term financial objectives. In creative business studies it has profitabilit vs solvency can anyone explain this

 

[Examine]

Elaborate please.

 

[iSplicer]

Elaborate please.

+1

 

[Examine]

Well on that particular dot point I'm not sure what you're trying to say, though my interpretation of it is that the business implements short term operational (day-t-day) and tactical (about a year) objectives which assist the business in achieving its long term objectives (couple of years, usually vague goals such as 20%+ increase in market share).