Milestone Two: Success Factors and Risks Assignment..
Can you help me understand this Accounting question?
Prompt: Now that you have evaluated your company’s financial health in Milestone One, you must research and assess the company’s strategic priorities and behavior. You should investigate internal risks and nonmonetary factors that may affect current and future performance and decisions.
Specifically, you must address the following critical elements from section III of the final project: III. Success Factors and Risks: Use this section to discuss the factors that may affect current and future performance. Specifically: A. How do the organization’s financial and strategic priorities affect accounting procedures and business decisions? How might that affect business success? For example, is management growth-oriented or efficiency-oriented? What is the organization’s approach to risk and short- versus long-term planning horizons? B. How might the organization better capitalize on nonfinancial factors such as market share, reputation, human resources, physical facilities, or patents? Support your response with relevant research and analysis. C. What are the most significant internal risks to the company’s financial performance? Give evidence to support your response. For example, is the company vulnerable to technological changes or cyberattacks? Loss of high-talent personnel? Productiondisruptions?