If an Organization Sets Out to Increase Its Share of the Snack

question 34

Multiple Choice

If an organization sets out to increase its share of the snack food market by 10 percent during the next eight years,what kind of goal is the organization setting?

• A) A short-term goal
• B) An intermediate goal
• C) A tactical goal
• D) A long-term goal
• E) An organizational goal

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Definitions:

Human Resource Department

The department within an organization responsible for managing employee-related functions, from hiring to benefits.

High Powered Incentives

Incentive mechanisms designed to significantly motivate and reward individuals for achieving certain performance targets.

Compensation Schedule

A structured plan that outlines the salaries, wages, benefits, and bonuses that employees receive from an employer.

Budget-gaming Problem

A situation where individuals or departments manipulate or exaggerate their budget needs in order to secure larger allocations for themselves, often at the expense of the organization's overall efficiency.