BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Long-term objectives represent the results expected from pursuing certain strategies. Objectives provide direction and allow for organizational synergy. Strategic objectives include those associated with growth in revenues, growth in earnings, higher dividends, larger profit margins, and improved cash flow.

Detailed explanation-2: -Long-term objectives represent the results expected from pursuing certain strategies. Strategies represent the actions to be taken to accomplish long-term objectives. The time frame for objectives and strategies should be consistent, usually from two to five years.

Detailed explanation-3: -Long-term objectives usually include specific improvements in the organization’s competitive position, technology leadership, profitability, return on investment, employee relations and productivity, and corporate image.

Detailed explanation-4: -Long-term objectives are large achievements that you want to reach over a period of several weeks or years. Setting a long-term objective does not tell you how to proceed; it tells you where you want to end up.

Detailed explanation-5: -1) Long-term objectives represent the results expected from pursuing certain strategies. Objective: 5.01 Discuss the value of establishing long-term objectives.