Setting a Goal Is Just the First Step; the Next

question 141

Multiple Choice

Setting a goal is just the first step; the next step is just as important as we need to:

• A)officially document the goal.
• B)plan how to accomplish the goal.
• C)decide who needs to be notified about the goal.
• D)devise an alternate goal in case we have to scrap the original goal.

---

Definitions:

Additional Report

Supplementary document or analysis that provides extra information beyond the initial report or analysis.

Marginal Cost

The additional financial burden of producing one more unit of a product or service.

Break-even Price

The price level at which a business does not make a profit or a loss.

Long Run

In economics, the period in which all inputs can be adjusted, with no fixed costs, allowing for full adjustment to changes in the market.