The Primary Managerial Purpose of Setting Objectives Is to

question 44

Multiple Choice

The primary managerial purpose of setting objectives is to

• A)ensure that deliberately vague language such as "reducing costs" and "becoming more efficient" is used to provide managers with more latitude in setting stretch objectives for the company.
• B)designate strategic outcomes as lagging indicators.
• C)balance the scorecard of financial and strategic objectives.
• D)designate financial outcomes as leading indicators.
• E)convert the strategic vision into specific performance targets.

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Definitions:

Changes Observed

Alterations or variations that have been noticed or recorded in a particular condition or situation over time.

Experimenter Bias

A form of bias introduced by the expectancies or preferences of the researcher that can affect the outcome of an experiment.

Expected Outcome

The anticipated result or effect of an action, process, or experiment.

Experiment

An experiment conducted for the purpose of discovering something new, verifying a hypothesis, or proving an established fact.