Evaluation of Sources of Financial Data for Business Strategies

Part 1 – Finance for strategic management
Name of the student
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Evaluation of sources of financial data for business strategies
Current as well as past financial health of an entity is
considered as the key indicators for the potential of long
term growth. Further, the analysis of financial data point is
crucial for understanding the strategies of the business.
Hence, the financial goals, position, performance as well as
the resources are considered as integral part for strategic
planning, monitoring the performances and implementation
of process.

Revenue growth – quality, timing and quantity of the
revenues determines the potential level of the
business’s long term success that is considered as the
fundamental concern for strategic planning. Revenue
growth indicates the future sustainability of the entity
and based on surplus earning it can plan for
distributing dividend to the shareholders.