The following would be an example of a policy, not a goal.
A)Management shall minimize the firm's overall weighted average cost of capital.
B)Management shall maximize shareholder's wealth.
C)Management will not write uncovered options.
D)Management will hire only happy employees.

Question

Quizplus · Accepted Answer

The statement "Management will not write uncovered options" is a specific policy that outlines a behavior that management will not engage in. The other statements are goals as they suggest a desired outcome or result.

The Following Would Be an Example of a Policy, Not