Which of the following is the best example of a well stated strategic objective?

a. Be among the top 5 companies in the industry with the highest market share

b.within 2 yeas achieve cost per unit sold that are 10% below the current industry average of $4.75 per unit

c.increase profits by more than the industry average

d.identify as many as 150 potential new foriegn suppliers within 12 months

e.Improve employee job satisfaction by 5% within 12 months

Respuesta :

Option B is correct. The best example of a well stated strategic objective is to within 2 yeas achieve cost per unit sold that are 10% below the current industry average of $4.75 per unit

A company strategy represents managerial commitment to undertake one set of actions rather than another in an effort to compete successfully and achieve good performance outcomes. A winning strategy is one that assists the organization with accomplishing a supportable upper hand, brings about better organization execution, and fits what is happening.

A company's strategy evolves from one version to the next as managers leave out of date or ineffectual system components, settle upon a bunch of proactive technique components, and afterward as new conditions unfurl make versatile key changes, which lead to receptive procedure components.

A company that pursues and achieves strategic objectives is habitually better ready to work on its future monetary execution (in light of the more grounded market standing and more noteworthy cutthroat imperativeness that stream from the accomplishment of very much picked vital targets.

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