The Most Likely Reason for the Failure of Formal Goal

question 147

Multiple Choice

The most likely reason for the failure of formal goal setting is

• A) a too-wide span of management.
• B) a dynamic external environment.
• C) an ineffective reward system.
• D) a lack of top management support.
• E) resource shortages.

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Definitions:

Supplier Power

The influence that suppliers may have over a company, often due to the scarcity of their product or the lack of alternative suppliers.

Bearings

Machinery components used to reduce friction between moving parts and support rotational or sliding movements.

Motors

Machines that convert electrical energy into mechanical energy, typically used for powering devices, vehicles, or machinery.

Buyer Power

The influence that consumers have over a business or market, often determining pricing, availability, and features of products or services.