Setting stretch objectives does not provide an organization with the advantage of
A) helping to avoid mediocre results.
B) pushing company personnel to be more inventive and innovative.
C) helping clarify the company's strategic vision and strategic intent.
D) helping a company be more focused and intentional in its actions.
E) spurring exceptional performance and helping build a firewall against contentment with modest performance gains.
Correct Answer:
Verified
Q41: When trade-offs have to be made between
Q42: Strategic objectives
A)are more essential in achieving a
Q43: Managers can deliberately set challenging performance targets
Q44: The task of stitching together a strategy
A)entails
Q45: The faster a company's business environment is
Q47: A company needs financial objectives to
A)spur company
Q48: A "balanced scorecard" that includes both strategic
Q49: For most modern, highly diversified, global corporations,
Q50: A superior example of a well-stated strategic
Q51: Adopting a set of "stretch" financial and
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