Question

Annual objectives are long-term milestones that organizations must achieve to reach short-term objectives.

a) True
b) False

Answer 1

False. Annual objectives are short-term milestones that organizations must achieve to reach long-term objectives.

Step-by-step explanation:

False

Annual objectives are short-term milestones that organizations must achieve to reach long-term objectives. They are the stepping stones that contribute to the overall success of an organization's long-term goals. In contrast, the long-term objectives are the ultimate targets that an organization aims to achieve over a longer period of time, often several years.

For example, if a company's long-term objective is to increase market share by 20% within the next five years, the annual objectives could be to launch new marketing campaigns, expand into new markets, and improve customer satisfaction levels each year. These annual objectives align with the long-term objective and contribute to its achievement.