________ mean(s)that the organization will attempt to reach much higher goals with the current budget.
A)Authoritative budgeting
B)Stretch targets
C)Consultative budgeting
D)Budget slack

Question

Quizplus · Accepted Answer

Stretch targets mean that the organization will attempt to reach much higher goals with the current budget. It involves setting ambitious goals that require a significant amount of effort to achieve, even if it means pushing the limits of existing resources. The idea is that by setting stretch targets, organizations can spur creativity and innovation, and push themselves to achieve things they wouldn't have thought possible.

________ Mean(s)that the Organization Will Attempt to Reach Much Higher