Ask Question
BusinessBusiness
7 February, 13:27

A certain chicken company decides that it will become the market leader in the poultry business in five years with a 40 percent share of the market. This statement would be classified as a (n) ...

A. objective.

B. mission.

C. strategy.

D. operational plan.

E. goal.

+5
Answers (1)
  1. 7 February, 13:39
    0
    The correct answer is letter "E": goal.

    Explanation:

    Goals represent the objectives companies set to accomplish over a specific period and represent the reason why the firm takes several methodical steps towards achieving that mission. Goals can be quantified and measured to verify inf they are achievable.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A certain chicken company decides that it will become the market leader in the poultry business in five years with a 40 percent share of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Kristina is working at a job that she finds boring and unmotivating. one day she initiates a search for a new job. what kind of coping is kristina using?
Answers (1)
Colliers, Inc. has 130,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the amount of $3 per share, but because of cash flow problems, the company did not pay any dividends last year.
Answers (1)
Lantz Company has provided the following information: • Cash sales totaled $255,000. • Credit sales totaled $479,000. • Cash collections from customers for services yet to be provided totaled $88,000.
Answers (1)
Managers are demanding training courses that are longer and that focus on holistic development. True or false?
Answers (1)
What is the easiest way to stop your vehicle no matter what the situation may be?
Answers (1)
New Questions in Business
One way that governments can improve market outcomes is to ensure that individuals are able to own and exercise control over their scarce resources.
Answers (1)
Mike gets angry because Ben made a better grade on a test than he did. They get into an argument, and Mike takes a swing at Ben intending to hit him. Ben shoves Mike in order to avoid the blow.
Answers (1)
A company facing an interest rate of 8% must choose among projects offering the following four-year cash flows.
Answers (1)
Natalie has an easement to drive across Donald's road. Which of the following circumstances would terminate this easement? A. Sale of Natalie's propertyB. Sale of Donald's propertyC. Revocation of the easement by DonaldD.
Answers (1)
In a basic AD-AS model, if the economy is at the equilibrium on the far left of the potential real output level, then a contractionary monetary policy will
Answers (2)
Home » Business » A certain chicken company decides that it will become the market leader in the poultry business in five years with a 40 percent share of the market. This statement would be classified as a (n) ... A. objective. B. mission. C. strategy. D.
Sign Up Forgot Password?