An example of a corporate objective is “Improve competitivestrength by increasing market share from 12% to 15% by 2020.” Inthis objective, the term competitive strength refers to which ofthe following components of a corporate objective?
a.
Measure of progress
b.
None of the options provide
c.
Time frame
d.
Target level
e.
Performance dimension
Expert Answer
Answer : a. Measure of progress.
Note : As in this sentence, competitive strength refers toachieving an specific objective.