A Basic Difference Between Goals and Objectives Is That Goals

question 5

Multiple Choice

A basic difference between goals and objectives is that goals are

• A) precise, while objectives are vague.
• B) set by tactical plans, while objectives are set by strategic plans.
• C) set by middle management, while objectives are set by first-line managers.
• D) concerned with broad, long-term accomplishments, while objectives focus on specific short-term details.

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Definitions:

Dividend Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Risk-Free Interest Rate

The hypothetical gain from an investment that is free from any risk of financial loss, frequently depicted by the government bond yield.

Futures Price Quote

A statement of the current market price for a futures contract, which is an agreement to buy or sell an asset at a future date at an agreed-upon price.

Expire

To come to an end or cease to be valid, as in the expiration of a contract, policy, or agreement.