Tandem Industries Is a Cycle Manufacturer

question 3

Multiple Choice

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

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Definitions:

Corporate Ladder

A metaphor for the structured hierarchy in a business organization and the progression of an employee's career within it.

Birth Order

The chronological order of sibling births in a family, which is thought to influence personality development and interpersonal relationships.

Adler

Alfred Adler was an Austrian medical doctor and psychotherapist who founded the school of individual psychology, focusing on the importance of feelings of inferiority.

Personality

A mix of attributes and traits that establish a person's unique personality and ways of acting.