Tandem Industries is a cycle manufacturer.As part of its planning activities,it sets an objective to increase its market share by 5 percent within 3 years.This is an example of a(n)________.
A)short-term objective
B)intermediate-term objective
C)long-term objective
D)suboptimal objective
E)principled objective

Question

Quizplus · Accepted Answer

Intermediate-term objectives are typically set for a period of 1 to 5 years, making the goal of increasing market share by 5 percent within 3 years an intermediate-term objective.

Tandem Industries Is a Cycle Manufacturer