Please help answer the following questions. Provide at least 200 words in the solution.
What are some common goals for financial managers? How do goals of a non-profit organization's financial manager differ from goals of a for-profit organization's financial manager?© BrainMass Inc. brainmass.com December 15, 2020, 8:37 pm ad1c9bdddf
What are some common goals for financial managers?
-- The main goal of any financial manager for any type of business entity is to maximize wealth. In a for-profit, this means maximizing wealth of the shareholders, mostly comprised of investors and external parties. In the non-profit organization, this is more internal, and means maximizing wealth for the organization, so that they can do more with the resources that they ...
The following posting helps with a finance problem. This solution helps discuss some common goals for financial managers. It also discusses how goals of non-profit organization's financial managers may differ from goals of a for-profit organization's financial manager. The explanation is given in 252 words.