The company's objective is to spend 10 percent of this fiscal year's sales revenue on research and development in an effort to introduce at least five new products in the next fiscal year.This is an example of a well-stated objective.

Question

Quizplus · Accepted Answer

The objective is specific, measurable, achievable, relevant, and time-bound, making it a well-stated objective. It outlines a clear target for the company to aim for and sets a specific timeframe for achieving it.

The Company's Objective Is to Spend 10 Percent of This