learning objective: determine a goal or mission statement for a business. which of the following is an…

learning objective: determine a goal or mission statement for a business. which of the following is an intermediate goal? a.) a tech startup going public after 7 years b.) a bookstore having a successful opening launch c.) a clothing store becoming profitable during its first year d.) a restaurant paying off a 2 - year loan

learning objective: determine a goal or mission statement for a business. which of the following is an intermediate goal? a.) a tech startup going public after 7 years b.) a bookstore having a successful opening launch c.) a clothing store becoming profitable during its first year d.) a restaurant paying off a 2 - year loan

Answer

Brief Explanations:

An intermediate - term business goal typically spans 1 - 5 years. Option a is a long - term goal (7 years). Option b is a short - term goal (opening launch). Option c is a short - term goal (first year). Option d, paying off a 2 - year loan, fits the 1 - 5 year intermediate - term range.

Answer:

d.) A restaurant paying off a 2 - year loan