Question
Select the best strategic goal for Wirecard.
Increase sales by
and ROI by
in the next year.
Acquire 5 new Asian financial technical firms by June, 2030 .
Improve our reputation on the German stock market.
Do business in at least 10 new countries.
Increase sales by
Acquire 5 new Asian financial technical firms by June, 2030 .
Improve our reputation on the German stock market.
Do business in at least 10 new countries.
Ask by Bowman Harmon. in the United States
Mar 29,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
The best strategic goal is to increase sales by 5% and ROI by 10% in the next year.
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Extra Insights
Wirecard, once a leading player in digital payments, faced severe reputational challenges following its corporate scandal. A strategic goal that prioritizes improving reputation on the German stock market can help restore trust among investors and stakeholders. A clean slate in public perception is crucial for sustainable growth and can pave the way for more ambitious financial targets in the future.
On the global stage, doing business in at least 10 new countries is an exciting ambitious goal. It can diversify income streams, reduce risk, and enhance brand presence across emerging markets. By tapping into new markets, Wirecard could leverage international trends and innovations, transforming challenges into growth opportunities while expanding their global footprint.