What are stretch targets?
A)aimed at stretching the firm's resources.
B)aimed at static standards.
C)aimed at transforming the organization within three to five years if achieved.
D)aimed at transforming the organization immediately.

Question

Quizplus · Accepted Answer

Stretch targets are aimed at transforming the organization within three to five years if achieved. These are ambitious goals that go beyond static standards and require the firm to stretch its resources and capabilities. Transforming the organization immediately is not necessarily a realistic or achievable goal, and stretch targets are typically designed to be challenging but feasible within a reasonable time frame.

What Are Stretch Targets