Question

What is an example of the functions of an organizational goal (logging ex)

a) Setting financial targets
b) Recording employee attendance
c) Defining ethical guidelines
d) Guiding marketing strategies

Answer 1

An example of the functions of an organizational goal is setting financial targets. Option a

Step-by-step explanation:

An example of the functions of an organizational goal is setting financial targets. This involves specifying the desired financial outcomes that an organization aims to achieve, such as revenue or profitability goals. Setting financial targets helps guide the allocation of resources, decision-making, and strategic planning within the organization.

For example, a logging company may set a financial target of increasing revenue by 10% in the next fiscal year. This goal will drive their efforts to optimize production, improve efficiency, explore new markets, and make informed financial decisions to achieve the target. Option a