When trade-offs have to be made between achieving long-term and achieving short-term objectives
A)long-term objectives should take precedence unless the short-term performance targets have unique importance.
B)long-term objectives should take precedence because of the need for future survival.
C)short-term objectives should take precedence because they focus attention on delivering performance improvement.
D)short-term objectives should take precedence unless the long-term performance targets are not achievable.
E)long-term objectives should never take precedence until the short-term objective is achieved.

Question

Quizplus · Accepted Answer

Long-term objectives should take precedence unless the short-term performance targets have unique importance. This is because achieving long-term objectives is crucial for the survival and growth of the organization in the future. However, in some cases, short-term objectives may have unique importance, such as meeting regulatory requirements or addressing an urgent customer need, and in such cases, they may need to take precedence. Overall, a balance needs to be struck between achieving short-term and long-term objectives to ensure sustainability and growth over the long term.

When Trade-Offs Have to Be Made Between Achieving Long-Term and Achieving