Stretch targets are
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. They are ambitious and challenging goals that push an organization beyond its current capabilities and require significant effort and resources to achieve. They are not static standards or aimed at immediately transforming the organization.

Stretch Targets Are