"Increasing our market share from 8 percent to 10 percent by the end of the current fiscal year" is a good example of an effective objective.

Question

Quizplus · Accepted Answer

This is a specific, measurable, achievable, relevant, and time-bound (SMART) objective that outlines a clear goal for the company to strive towards. It provides a clear target to work towards and allows for tracking progress towards that goal.

"Increasing Our Market Share from 8 Percent to 10 Percent