If X-Corp.'s car polish division has committed to a 30 percent gain in revenue over six years,they must consider the specific target in revenue during the current quarter to indicate they are making appropriate progress.This smaller objective for the fiscal quarter is called a:
A)Short-term objectives
B)Short-term technique
C)Long-term objective
D)Strategic goal

Question

Quizplus · Accepted Answer

Short-term objectives are specific, measurable goals that must be achieved in a shorter period of time, usually within a fiscal quarter or a year. In this case, X-Corp's car polish division has a long-term objective of a 30 percent gain in revenue over six years. To ensure they are making appropriate progress towards this goal, they must set short-term objectives for each fiscal quarter, indicating specific targets in revenue.

If X-Corp'S Car Polish Division Has Committed to a 30 Percent