Are Both Goals and Objectives Necessary for a Business

question 63

Essay

Are both goals and objectives necessary for a business?

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Definitions:

Arbitration

A private, judicial determination of a dispute and an alternative to court action (litigation), and generally just as final and binding.

Litigation

The process of taking legal action or resolving disputes in court.

Private

Relating to or for the use of a single individual or group; not accessible or available to the public.

Judicial Determination

The process by which a judge makes a decision or ruling in a legal case, often involving the interpretation and application of laws.