Managers decide to increase the number of new accounts by 4.0% within the next quarter.This is an example of:
A)an objective.
B)a strategy.
C)customer loyalty.
D)qualitative metric.

Question

Quizplus · Accepted Answer

Increasing the number of new accounts by 4.0% within the next quarter is a specific, measurable, achievable, relevant, and time-bound objective. It outlines a clear goal for the company to work toward and provides a quantifiable target to aim for. It is not a strategy, customer loyalty, or a qualitative metric on its own, although achieving this objective could contribute to those areas.

Managers Decide to Increase the Number of New Accounts by 4.0