Operational Goals Are Set by Middle Managers and Focus on the Actions

question 111

True/False

Operational goals are set by middle managers and focus on the actions needed to achieve strategic goals.

---

Definitions:

Principal Owners

Individuals or entities that hold a primary share of ownership in a business, often having significant influence on company decisions.

New Businesses

Entities that have been recently established or founded, entering the marketplace with fresh offerings or services.

Survive

The ability to continue to live or exist, especially in spite of difficult conditions or circumstances.

Five-Year Mark

A significant milestone that denotes a period of five years, often used to evaluate the progress or success of a project, initiative, or business.