All of the Following Are Functions Served by Objectives EXCEPT

question 109

Multiple Choice

All of the following are functions served by objectives EXCEPT:

• A) communicating philosophies and provide direction
• B) motivating employees
• C) clarifying executives' thinking
• D) forming the basis for control
• E) guaranteeing market performance

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Definitions:

Basic Principles

Fundamental theories or beliefs that form the foundation for a system of belief or behavior or for a chain of reasoning.

Contract Law

The body of law that governs the formation, execution, and enforcement of contracts between parties.

Insurance Policies

Contracts between an insurer and a policyholder that provide financial protection and compensation for specific losses in return for premiums paid.

Valued Policy

A type of insurance policy where the value of the insured item is agreed upon at the time the policy is issued, and this amount is paid out in the event of a total loss.