General Studies · Strategic Management
Consider the following statements regarding the setting of Annual Objectives during strategy implementation: Statement 1: Annual objectives serve as long-term, qualitative targets that are formulated independently of the organization's broader strategic goals. Statement 2: The establishment of annual objectives limits the ability to track progress and obscures the strategic direction provided to employees. Choose the correct option:
- 1Only Statement 2 is true.
- 2Only Statement 1 is true.
- 3Both statements are false.✓
- 4Both statements are true.
Correct answer
Both statements are false.
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