What is meant by the term "stretch objectives"? Is it important that companies establish stretch objectives? Why or why not?
What will be an ideal response?
Stretch objectives set performance targets high enough to stretch an organization to perform at its full potential and deliver the best possible results. The experiences of countless companies teach that one of the best ways to promote outstanding company performance is for managers to deliberately set performance targets high enough to stretch an organization to perform at its full potential and deliver the best possible results. Challenging company personnel to go all out and deliver stretch gains in performance pushes an enterprise to be more inventive, to exhibit more urgency in improving both its financial performance and its business position, and to be more intentional and focused in its actions. Stretch objectives spur exceptional performance and help build a firewall against contentment with modest gains in organizational performance.
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Generally, the consumer's purchase decision will be to buy the most preferred brand, but two factors can come between the purchase intention and the purchase decision. Which of the following is one of these factors?
A) economic risks B) attitudes of others C) cognitive dissonance D) alternative evaluation E) buyer's remorse
According to the BCG growth-market share matrix, ________ are strategic business units with products that have a small share of a slow-growth market
A) dogs B) exclamation points C) cash cows D) stars E) question marks
List some preconditions of merit pay?
What will be an ideal response?
Profits and tax benefits are common motivations for going global.
Answer the following statement true (T) or false (F)