Perhaps the Most Reliable Way for a Company to Improve

question 59

Multiple Choice

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

• A) put 100% emphasis on the achievement of its short-term and long-term financial objectives.
• B) recognize that the achievement of strategic objectives fosters better long-term financial 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 achievement of strategic performance targets.

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Definitions:

Clerical Job

A clerical job involves office-based tasks such as typing, filing, handling and processing paperwork, and possibly managing office equipment and databases.

Ethical

Pertaining to morals, principles of right and wrong, or the philosophy regarding moral conduct.

Sales Clerk

A retail worker responsible for assisting customers, conducting sales transactions, and maintaining the sales floor's organization.

NASW Code of Ethics

A document that outlines the ethical principles and standards that guide the professional conduct of social workers, emphasizing principles like social justice, dignity and worth of the person, and the importance of human relationships.