Please complete the discusson post attached below….for a financial
Please complete the discusson post attached below….for a financial analysis class, pertaining to profitability.
ultiple Goals and Pr intt ia..fi be di I ibt:G e The following multiple goals were profitability neral Eitctrir Market position productivity product leadership Personnel development Employee attitudes Public responsibility Balance between short-range and long-range goals General Electric is a huge, highly decentralized corporatio had approximately 170 responsibility centers called de any. Anttsti:buttinthcatitiscle:….L1°Pedephaleternygsallnmi. other companies, these departments would be called divisions. For example. some GE department, had sales of more than $500 million. Each department manager’s performance was evaluated annually in relation to the spc-ciliod mul-tiple goals. A special measurements group was set up to devise ways of quantifying accompinhmunb in each of the areas. In this way, the evaluation of performance would become more objeeme as the tatioUS measures were developed and improved. 1. How would you measure performance in each of these areas? Bc specific. 2. Can the other goals be encompassed as ingredients of a formal measure of profitability? In other “Ids. can profitability per se be defined to include the other goals?