A Certain Chicken Company Decides That It Will Become the Market

question 52

Multiple Choice

A certain chicken company decides that it will become the market leader in the poultry business in five years with a 40 percent share of the market. This statement would be classified as a(n)

• A) objective.
• B) mission.
• C) strategy.
• D) operational plan.
• E) goal.

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Definitions:

Personal Prejudice

Biases or preconceived opinions individuals hold that can affect their judgment or interactions with others.

Halo Effect

A psychological phenomenon where an individual's overall impression of a person, brand, or product positively influences their feelings and thoughts about that entity's specific traits.

Strictness

The quality of exacting standards or stringent enforcement of rules, often applied in disciplinary contexts.

Performance Appraisals

The process of evaluating an employee's job performance and productivity in relation to established criteria and organizational objectives.