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    ejazahmed

    Objectives Are Needed For Each Key Result That Mangers Believe Important To Success. Two Types Of Objectives A Manager Can Set: Those Relating To Financial Performance And Those Related To Strategic Performance.

    Following are objectives of some companies. Identify which type of objective each company has • Strategic objectives • Financial objectives • Strategic and financial objectives. Give reasons. 1. CITIGROUP attain 1 billion customer world wide 2. ANHEUSER-BUSCH • To make all of our companies leaders in their industries in quality while exceeding customer expectations • To achieve 50% share in market • To provide all our employees with challenging and rewarding work and satisfying work conditions • To provide our shareholders with superior returns by achieving double digit annual earning per share. 3. GENERAL ELECTRIC • Become most competitive enterprise in world • Globalize every activity in company

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    Aicha

    Strategic Objectives refer to the long-term goals of an organization which are stated in concrete terms and their progress is determined by measuring results. Whereas Financial objectives refer to the goals that are related to the returns on investment, that a firm will try to accomplish during the period covered by its financial plan. In view of the above definition, here is the answer to your question.
    1. CITIGROUP - strategic objective
    2. ANHEUSER-BUSCH - Strategic Objective
    3. GENERAL ELECTRIC - Strategic Objective

    answered 1 year ago   

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