Which of the Following Best Describes How to Achieve Long-Range

question 7

Multiple Choice

Which of the following best describes how to achieve long-range goals?

• A)Set them to be accomplished in less than a year. 
• B)Do not adjust or change them. 
• C)Make short-term goals to get there. 
• D)Stick with the goal no matter what happens.

---

Definitions:

Business-to-business Markets

Markets focused on selling products or services from one business to another rather than to individual consumers.

Public Utilities

Organizations that provide essential services to the public such as water, electricity, natural gas, and telecommunications.

Target Return-on-sales Pricing

A pricing strategy where the price is set with the aim of achieving a specific return on sales percentage.

Profit Percentage

A financial metric that shows what percentage of sales has turned into profits, indicating the efficiency of a company's operations.