The CEO of Just-in-Time Shipping has set major profit and expansion targets for the organization to achieve in the next five to ten years. What are these targets an example of?

Question

Quizplus · Accepted Answer

Strategic goals are major targets or end results that relate to the long-term survival, value, and growth of an organization. Top-level managers usually establish goals that reflect both effectiveness (providing appropriate outputs) and efficiency (a high ratio of outputs to inputs).

The CEO of Just-In-Time Shipping Has Set Major Profit and Expansion