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:

Cyanosis

A bluish or purplish discoloration of the skin due to insufficient oxygen in the blood, often indicative of respiratory or circulatory issues.

COPD

Chronic Obstructive Pulmonary Disease; a group of lung diseases including chronic bronchitis and emphysema that obstruct airflow and cause breathing difficulties.

Pulse Oximetry

A non-invasive method used to measure the oxygen saturation level of the blood.

Peripheral Pulses

The pulses that can be felt at the extremities of the body, such as in the wrist or ankles, indicating blood flow.