*For number 5 explain it all , including definition important and examples, advantages and disadvantages.

4.The Goal of the Firm: Setting short, medium and long term goals and how these help to determine which aspect of financial data is used to create objectives. 5.Understand the agency problems 7. Strategies for increasing the wealth of shareholders: Maximizing shareholder wealth: Shareholders expect a return on an investment, a key strategic goal of any financial plan. 8.Delivering sustainable long term growth: Use financial data to inform decisions which will lead to, and support, sustainable long term growth