What Is Wrong with the Following Goal: "To Increase the Number

question 21

Multiple Choice

What is wrong with the following goal: "To increase the number of sales calls made by 10 percent?"

• A)It is not measurable.
• B)It is not time-based.
• C)It is too specific.
• D)It requires a comparison with earlier sales efforts.
• E)There is nothing wrong with this goal.

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is global in scope.

Non-Controlling Interest

The portion of a subsidiary corporation's equity that is not owned by the parent corporation.

Consolidated Balance Sheet

A financial statement that summarizes the financial position of a parent company and its subsidiaries.

Fair Value

The proceeds from the sale of an asset or the outlay to move a liability in a non-chaotic market operation on the date of gauging.