When Established Subobjectives Are Aimed in Different Directions, a Manager

question 72

Multiple Choice

When established subobjectives are aimed in different directions, a manager should ________.

• A) determine the initial purpose of planning and then revise the objectives accordingly
• B) choose the subobjective that better contributes to the overall organizational objectives
• C) revise the organization's entire strategic plan
• D) identify alternative ways of reaching organizational objectives
• E) consider eliminating the objectives all together

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Definitions:

Compounded Annually

An interest calculation method where interest is added to the principal once a year, affecting the calculation of future interest.

Compounded Monthly

An interest calculation method where interest is added to the principal balance monthly, causing the total amount of interest to grow at an increasing rate.

Compounded Annually

The method of calculating interest where the total interest is added to the principal once per year, resulting in interest earning interest annually.

Perpetuity

A type of annuity that pays a fixed sum of money to an individual indefinitely.