In Traditional Goal Setting, It Is Assumed That Top Managers

question 74

Multiple Choice

In traditional goal setting, it is assumed that top managers know what's best because they ______________.

• A) are the best educated
• B) have the most experience
• C) are hired to do what is best for the organization
• D) have the most at stake if the company fails
• E) see the ''big picture'' for the company

---

Definitions:

Markdowns

Reductions from the original or retail price of goods, typically used to clear out inventory and stimulate sales.

New Car Models

The latest vehicles introduced by manufacturers that often include updated features, technologies, and designs.

Dealers

Entities that buy products from manufacturers or wholesalers to then sell to consumers or other businesses.

Supply Chain

A coalition of agencies, individuals, methodologies, intelligence, and assets organized to transition a product or service from the supplier to the final user.