Which of the Following Is True Regarding the Goal Approach

question 96

Multiple Choice

Which of the following is true regarding the goal approach?

• A) Full assessment of effectiveness should consider several goals simultaneously because high achievement on one goal may mean low achievement on another.
• B) Priority setting requires that only one goal at a time can be achieved.
• C) There is no place for subjective assessment of goal achievement in organizations today.
• D) The most common goal stated by U.S. corporations today deals with management development.

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Definitions:

Total Revenue

The total income generated by the sale of goods or services before any costs are deducted.

Sales Quantity

The total number of units of a product sold in a specific time period.

Total Revenue

The total amount of money generated by a business from the sale of goods or services before any expenses are subtracted.

Marginal Cost

The change in total cost that arises when the quantity produced is incremented by one unit; essentially, it is the cost of producing one more unit of a good.