When Setting Goals, What Should a Manager Do After Writing

question 38

Multiple Choice

When setting goals, what should a manager do after writing down the goals and communicating them to all who need to know?

• A) determine the goals individually or with input from others
• B) review the organization's mission
• C) review results and whether goals are met
• D) evaluate available resources

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Definitions:

Earnings Per Share

A company's net income divided by the number of outstanding shares of its common stock.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operational costs, from its total revenue.

Preferred Dividends

Preferred dividends are payments made to preferred shareholders before any dividends are paid to common shareholders, usually fixed and based on a percentage of the par value of the shares.

Accounts Receivable Turnover

A financial ratio indicating how many times a company collects its average accounts receivable balance in a period.