Within a Timeframe of Five to Seven Years Orco Construction

question 48

Multiple Choice

Within a timeframe of five to seven years Orco Construction Supply, a regional distributor of tools and hardware to framing and foundation contractor markets, plans to hit a revenue mark of $500 million which will more than double its 2010 gross sales. This would be an example of a(n) _____ objective.

• A) sales-target
• B) target market
• C) need-satisfying
• D) market tracking
• E) environmental

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Definitions:

Negotiations

The process of discussing terms between two or more parties to reach a mutual agreement or resolve a conflict.

Third-Party Assistance

Help or support provided by a party who is not directly involved in a contract or mutual agreement but affects or assists the parties involved.

Agreement

An agreement is an understanding or arrangement reached between two or more parties, possibly leading to a contract upon concurrence on the terms.

Employment Relationship

A legal and professional connection between an employer and employee, governing the rights and duties of both parties.