Margot is in the process of developing financial and strategic objectives for her luxury jewelry and accessories company. She realizes she needs to add short-term and longer-term performance targets. Is it important for her to spell out both short-term and long-term performance targets? Which time frame is more important? Are there tradeoffs involved? Explain.

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The Answer of Margot is in the process of developing financial and strategic objectives for her luxury jewelry and accessories company. She realizes she needs to add short-term and longer-term performance targets. Is it important for her to spell out both short-term and long-term performance targets? Which time frame is more important? Are there tradeoffs involved? Explain.

Margot Is in the Process of Developing Financial and Strategic