Which One of the Following Would Be a Well-Written Goal

question 108

Multiple Choice

Which one of the following would be a well-written goal for an online retailer operating in a volatile business environment?

• A) To minimize costs, maximize profits, and maximize return on investment.
• B) To accelerate our growth to the maximum possible level over the next three years.
• C) To achieve a 25 percent growth in revenue, which is defined as the number of items sold multiplied by their price.
• D) To invoice merchandise worth $200,000, every month, for the next three years.

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Definitions:

Strategically Complex

Describes situations or plans that require careful and detailed consideration and planning due to multiple variables and potential outcomes.

Social Norms

Unwritten rules and expectations that regulate the behavior of individuals within a society or group.

Member Participation

Refers to the involvement and active engagement of members within a group or organization in decision-making processes and activities.

Information Management

The process of collecting, storing, managing, and distributing information in a way that is efficient and beneficial.