Perhaps the Most Reliable Way for a Company to Improve

question 41

Multiple Choice

Perhaps the most reliable way for a company to improve its financial performance over time is to

• A)put 100 percent emphasis on the achievement of its short-term and long-term financial objectives.
• B)recognize that the achievement of strategic objectives signals that the company is well positioned to sustain or improve its performance.
• C)substitute financial intent for strategic intent and judiciously concentrate on the mission of making a profit.
• D)not allocate any resources to the achievement of strategic objectives until it is very clear that the company can meet or beat its stretch financial performance targets.
• E)avoid use of the balanced-scorecard philosophy since achievement of financial performance targets is obviously more important than the achievement of strategic performance targets.

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Definitions:

Six Months

A half-year period, or a duration of approximately 182 to 183 days, depending on the inclusion of a leap day.

Delusional

Holding beliefs that are clearly false, illogical, or based on incorrect inferences about external reality, despite evidence to the contrary.

Type I

Commonly refers to a classification in various contexts, often seen in medical or technological fields, indicating a particular form or category within a larger grouping.

Type II

Often refers to Type II diabetes, characterized by insulin resistance in the body.