What Is Wrong with the Following Performance Objective Written for a Shop

question 67

Multiple Choice

What is wrong with the following performance objective written for a shop specializing in furs: "To earn $1,000,000 in profit during calendar year 2011"?

• A) The objective is not qualitative.
• B) The objective lacks a specific time frame.
• C) The objective does not state the resources needed to accomplish it.
• D) The objective is not measurable.
• E) The objective is stated appropriately.

Identify the principles of e-business and e-commerce, including their differences and security considerations.

Understand the concept of viral marketing and its relation to social media.

Recognize the significance of material types in the e-commerce supply chain.

Understand the implications of different e-commerce business strategies for organizational procurement and sales.

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Definitions:

Investment Center

A division or unit within a company for which the manager has control over costs, revenues, and investments, and is responsible for generating a return on the assets employed.

Income

The total amount of revenue or gain received by an individual or company, from various sources such as salary, investments, or business operations, before any deductions or taxes.

Sales

The transactions involving the exchange of goods or services for money, representing the primary source of revenue for most businesses.

Production Departments

Specific divisions within a manufacturing facility where distinct stages of the production process are carried out.