Asked by Victor Bedoya on Jun 27, 2024
Verified
In the field of strategic management,goals are general and long-term while objectives are specific and short-term.
Strategic Management
The ongoing planning, monitoring, analysis, and assessment of all that is necessary for an organization to meet its goals and objectives, focusing on long-term strategic direction.
Specific
Clearly defined or identified; precise or exact.
- Differentiate between goals and objectives within strategic management.
Verified Answer
SG
sophiya gurungJun 30, 2024
Final Answer :
True
Explanation :
This is a commonly accepted distinction in strategic management, where goals are broad and general aspirations that can take years or even decades to achieve, while objectives are specific, measurable targets that can be accomplished in the short to medium term.
Learning Objectives
- Differentiate between goals and objectives within strategic management.