A Superior Example of a Well-Stated Strategic Objective Is to

question 73

Multiple Choice

A superior example of a well-stated strategic objective is to

• A)increase revenues by more than the industry average.
• B)be among the top five companies in the industry in customer service.
• C)overtake key competitors on product performance or quality within three years.
• D)improve manufacturing performance by 5 percent within 12 months.
• E)obtain 150 new customers during the current fiscal year.

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Definitions:

HR Strategy

A strategic framework for managing an organization's human resources, aimed at aligning HR practices with business objectives to foster growth and employee satisfaction.

Accountable

Being responsible or answerable for one's actions or decisions, often within a professional or organizational context.

Transitional Matrix

A chart that lists job categories held in one period and shows the proportion of employees in each of those job categories in a future period.

Job Categories

Classifications of employment based on similar duties, responsibilities, and the level of skill or education required.