Give an Example of a Strategic Objective and an Operational

question 48

Essay

Give an example of a strategic objective and an operational objective from an organization you work for or have worked for.

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Definitions:

Book Value

The net value of a company's assets minus its liabilities, often used to estimate the company's worth.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not expected to be consumed or converted into cash in the short term.

Annual Report

A comprehensive report on a company's activities and financial performance throughout the preceding year, intended for shareholders and stakeholders.

Impaired Goodwill

Impaired goodwill occurs when the market value of a company's goodwill asset falls below its recorded value on financial statements, prompting a write-down to reflect the reduced value.