If X-Corp.'s car polish division has committed to a 30 percent gain in revenue over six years,they must consider the specific target in revenue during the current quarter to indicate they are making appropriate progress.This smaller objective for the fiscal quarter is called a:
A) Short-term objective
B) Short-term technique
C) Long-term objective
D) Strategic goal

Question

Quizplus · Accepted Answer

The smaller objective for the fiscal quarter mentioned in the scenario is a short-term objective. Short-term objectives are specific, measurable goals that are intended to be achieved within a shorter timeframe, typically less than a year. In this case, the car polish division of X-Corp. is breaking down its long-term objective (30 percent gain in revenue over six years) into smaller, achievable goals for each quarter.

If X-Corp'S Car Polish Division Has Committed to a 30 Percent