Explain the difference between financial objectives and strategic objectives. Give examples of each.
What will be an ideal response?
Financial objectives relate to the financial performance targets management has established for the organization to achieve. For example, an x percent increase in annual revenues; annual increases in after-tax profits of x percent; or annual increases in earnings per share of x percent. Strategic objectives relate to target outcomes that indicate a company is strengthening its market standing, competitive position, and future business prospects. For example, winning an x percent market share; achieving lower overall costs than rivals; or overtaking key competitors on product performance, quality, or customer service.
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Which of the following is not a factor that affects the level of resistance to change?
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List what should be included in a drafter's "checklist" for ensuring that a mandatory arbitration clause is not unconscionable
What will be an ideal response?
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A) ?open B) ?closed C) ?obvious D) ?clarifying
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Indicate whether the statement is true or false