AQA Business - Setting Financial Objectives
A new range of materials aimed at supporting teachers of the AQA A Level in Business. This presentation is designed to cover the topic of setting financial objectives. It starts with a look at the value of setting financial objectives, including the concept of a return on investment (ROI) and an understanding of the proportion of long-term funding that is debt. It then looks at the distinction between cash flow and profit and the three different types of profit (operating profit, gross profit and profit for the year). Revenue, cost and profit objectives are then considered, alongside cash flow objectives, investment and capital structure objectives. The presentation concludes with an examination of the key internal and external influences acting upon the financial objectives of a firm. The pack contains the Quick Fire Five knowledge questions, a short objective test, and an essay question all complete with suggested answers.