Strategic objectives
A)are more essential in achieving a company's strategic vision than are financial objectives.
B)are generally less important than financial objectives.
C)are more difficult to achieve and harder to measure than financial objectives.
D)relate to strengthening a company's overall market standing and competitive vitality.
E)help managers track an organization's true progress better than do financial objectives.

Question

Quizplus · Accepted Answer

Strategic objectives are essential in strengthening a company's overall market standing and competitive vitality. Financial objectives are important, but they do not necessarily ensure success in the long-term if the company cannot compete effectively in the market.

Answer: E 
 Strategic objectives often involve non-financial measures of success, such as customer satisfaction or employee engagement, which can give managers a better understanding of the company's progress and potential areas for improvement. Financial objectives alone may not provide a complete picture of a company's performance.

Strategic Objectives