Setting Stretch Objectives Does Not Provide an Organization with the Advantage

question 67

Multiple Choice

Setting stretch objectives does not provide an organization with the advantage of

• A)helping to avoid mediocre results.
• B)pushing company personnel to be more inventive and innovative.
• C)helping clarify the company's strategic vision and strategic intent.
• D)helping a company be more focused and intentional in its actions.
• E)spurring exceptional performance and helping build a firewall against contentment with modest performance gains.

---

Definitions:

Weather Futures

Financial derivatives that allow for the hedging against or speculation on weather conditions, such as temperature or precipitation levels.

Treasury Notes Futures

Futures contracts based on U.S. Treasury notes, which are debt securities issued by the U.S. government with maturities ranging from two to ten years.

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the principal, paid by the borrower for the use of borrowed funds.

Long Position

Owning or buying securities with the expectation that their value will increase over time, allowing the investor to profit from the appreciation.