Question: Question 1 Classify the following statements as goals, objectives, or strategies/tactics. If the statement is part goal or objective and part strategy/tactic, separate the statement
Question 1 Classify the following statements as goals, objectives, or strategies/tactics. If the statement is part goal or objective and part strategy/tactic, separate the statement into its relevant parts. For statements classified as either a goal or an objective, further classify them as either short-term or long-term (assume it is January 1, 2018) and financial or nonfinancial. In addition, if you feel that a statement is an outcome (i.e., either a goal or an objective), further assume that it is appropriate and realistic as these terms are defined in Chapter 2. After you have classified the statement, explain your reasoning in no more than two sentences. (Instructors Note: The fact that a case may refer to a statement as a goal or strategy, for example, is not controlling. Business terminology is often used incorrectly even in business reports.)
A. Maximize stockholder wealth over the long term.
B. Increase the percentage of business-to-consumer package deliveries from 46% of domestic deliveries in 2017 to 51% of domestic deliveries in 2019.
C. Increase revenues from higher-margin aero/defense and transportation aluminum products from 31% to 41% of revenues.
D. Expand into 10 emerging global markets by the end of 2020. E. Increase revenues 20% in market share of all products sold by 20% by the end of 2020.
F. Lower the average price of all products sold by 10% over the next year.
G. Increase market share by 10% over the next five years by adding five new products to the companys present product line.
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