The Achievement of Financial Objectives Tends to Be a Lagging

question 87

True/False

The achievement of financial objectives tends to be a lagging indicator of a company's performance,while the achievement of strategic objectives tends to be a leading indicator of a company's future financial performance.True or false? Support and explain your answer.

---

Definitions:

Specific Steps

Detailed and clear actions to be taken in order to achieve a particular goal or complete a process.

Guided Imagery

A relaxation and mental visualization technique where a person is led through imagining a peaceful scene or series of experiences.

Visualization

The technique of creating a mental image or intention of what one wants to happen or feel.