One Implication of Goal-Setting Theory Is That Goals Should Be

question 253

Multiple Choice

One implication of goal-setting theory is that goals should be

• A) set by top management.
• B) relatively easy to achieve.
• C) set at a level that slightly exceeds the ability of employees to achieve them.
• D) set through a process that involves all persons responsible for formulating and implementing the goals.

---

Definitions:

Issuance of Long-Term Debt

The process by which a company borrows money from financial institutions or through the sale of bonds, agreeing to repay the principal, along with interest, over a period longer than one year.

Free Cash Flow

The amount of cash generated by a business after accounting for capital expenditures, indicating the financial health and liquidity.

Operating Cash Flow

Represents the amount of cash generated by a company's normal business operations.

Fixed Asset Additions

Expenditures involving the acquisition or improvement of long-term assets that increase the company’s operational capacity or extend the asset's useful life.