Tandem Industries Is a Cycle Manufacturer

question 32

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) ________ objective.

• A) short-term
• B) intermediate-term
• C) long-term
• D) suboptimal
• E) principled

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Definitions:

Eastern European Countries

Nations located in the eastern part of the European continent, including countries such as Poland, Hungary, and Ukraine.

World Trade Organization (WTO)

159-member international institution that monitors GATT agreements and mediates international trade disputes.

Pollution

Environmental damage caused by a company’s products or operating processes.

Human Rights Abuses

Violations against individuals' basic rights and freedoms, such as freedom from torture, freedom of expression, and the right to education.