Which of the following statements is true regarding an organization's goals?
A) All organizations share the single goal of making profits.
B) A single goal is more efficient than multiple goals for defining an organization's success.
C) Using a single goal such as profit may result in unethical behaviours by employees.
D) Long-term success is ensured if managers emphasize only one goal for an organization.
E) Short-term success is ensured if managers emphasize multiple goals for the organization.

Question

Quizplus · Accepted Answer

Using a single goal such as profit may result in unethical behaviours by employees. This is because employees may resort to shortcuts, unethical practices or cutting corners to achieve the company's single goal, leading to negative consequences for the organization and stakeholders. It is important for organizations to have multiple goals that are aligned with ethical practices and values to ensure long-term success.

Which of the Following Statements Is True Regarding an Organization's