BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Well-stated objectives are:
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quantifiable or measurable, and contain deadlines for achievement.
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clear, succinct, and concise so as to identify the company’s risk and return options.
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directly related to the dividend payout ratio for stockholder returns.
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all of these.
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Explanation:
Detailed explanation-1: -Well-stated objectives are: quantifiable or measurable, and contain deadlines for achievement. managers need to come up with a sustainable competitive advantage that draws in customers and produces a competitive edge over rivals.
Detailed explanation-2: -Which of the following is the best example of a well-stated strategic objective? Overtake key competitors on product performance or quality within three years. Correct.
Detailed explanation-3: -Examples of growth strategic objectives Increase business intelligence team by five members next year. Enter two new overseas markets in the next two years. Grow national sales.
There is 1 question to complete.