Which of the Following Is NOT a Characteristic That Should

question 14

Multiple Choice

Which of the following is NOT a characteristic that should be demonstrated by unit objectives?

• A)Objectives should reinforce organizational strategic goals. Strategic goals relate to mission- critical activities. Reinforcing objectives ensures that the various units contribute to the accomplishment of the organization's mission.
• B)Objectives should be challenging but attainable. Objectives that are easy to accomplish do not require stretch. Objectives that are impossible to attain are not motivational.
• C)Objectives should acknowledge the weaknesses of the organization and the strengths of the action plan to be implemented.
• D)Objectives should identify the time frame for accomplishment.

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Definitions:

Dividend Growth Rate

The dividend growth rate is a financial metric that measures the annualized percentage rate of growth of a company's dividend payments to its shareholders.

Market Price

The current market quote for the sale or purchase of an asset or service.

Debt-equity Ratio

A calculation showing how much a firm relies on borrowed funds, determined by dividing the sum of its obligations by the equity of its shareholders.

Pre-tax Cost

The cost of an investment or expense before any taxes are applied, often considered when evaluating investment options.