Strategic objectives
A)are more essential in achieving a company's strategic vision than are financial objectives.
B)relate to strengthening a company's overall market standing and competitive position.
C)are more difficult to achieve and harder to measure than financial objectives.
D)are generally less important than financial objectives.
E)help managers track an organization's true progress better than financial objectives.

Question

Quizplus · Accepted Answer

Strategic objectives are essential in achieving a company's strategic vision and relate to improving a company's overall market standing and competitive position, which is critical for long-term success. While financial objectives are important, they do not capture the broader goals of a company's strategy. Strategic objectives can be measurable but may require more qualitative analysis than financial objectives.

Strategic Objectives