A Good Approach to Interpretation When a Program Fails to Achieve

question 2

Multiple Choice

A good approach to interpretation when a program fails to achieve its objectives is

• A) to hold tight to previously stated objectives and call a spade, a spade.
• B) to recognize that the objectives may have been too ambitious and to focus on some phase of the program that worked.
• C) to treat well-conceived programs as experiments and search for what can be learned to improve the next version of the program.
• D) to point out that repeated failures probably indicates low staff motivation.

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Definitions:

Inventory Holdings

The quantity and value of goods a company has in stock or in a warehouse, ready for sale or distribution.

Marketable Securities

Financial instruments that can be easily sold or converted to cash without a significant loss in value.

Restrictive Policy

A policy designed to limit or control certain actions, often used in the context of monetary or fiscal policy to control inflation or regulate the economy.

Frequent Cash-Outs

Regular transactions where cash is withdrawn from a company's account, potentially affecting its liquidity or cash reserves.