Your Company Seems Highly Focused on Short-Term Objectives

question 80

Multiple Choice

Your company seems highly focused on short-term objectives.From a planning perspective,what can you do to correct the situation?

• A) Increase your plan's reliance on goals and metrics, and decrease emphasis on the company's mission and vision.
• B) Reduce your plan's reliance on goals and metrics, and increase emphasis on the company's mission and vision.
• C) Reduce your plan's emphasis on strategic objectives, and increase emphasis on the operational objectives.
• D) Reduce your plan's emphasis on strategic objectives, and increase emphasis on the contingency objectives.

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Definitions:

Null Hypothesis

A statement or hypothesis that assumes no statistical significance exists in a set of given observations, serving as the default assumption to be tested.

P-value

A measure in statistics that helps in assessing the strength of the results from a hypothesis test, indicating the probability of observing the data if the null hypothesis is true.

Degrees of Freedom

Degrees of freedom refer to the number of independent values in a calculation that are free to vary when estimating statistical parameters.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution, typically in the context of parameter estimation.