_____ give a shorter-term direction to the business and serve as benchmarks for measuring performance.

Question

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Objectives are specific and measurable targets that provide a shorter-term direction to the business and serve as benchmarks for measuring performance. Budgets are financial plans that allocate resources to support the objectives, strategies are the plans for achieving the objectives, and missions define the overall purpose and values of the business.

_____ Give a Shorter-Term Direction to the Business and Serve