Final answer:
The achievement of financial objectives tends to be a lagging indicator of a company's performance.
Step-by-step explanation:
The achievement of financial objectives tends to be a lagging indicator of a company's performance. This means that financial results often reflect past decisions and actions rather than current performance. For example, if a company invests in research and development, it may take several years before the R&D efforts result in new products and increased sales, leading to improved financial performance. On the other hand, if a company has been making poor strategic decisions or facing tough market conditions, the negative impact on financial results may also take time to manifest.