A proposal to increase tournament rounds at a golf course by 50% next year meets criteria for an effective business objective. Is this true or false?

A proposal to increase tournament rounds at a golf course by 50% next year meets criteria for an effective business objective. Is this true or false?

• A. True
• B. False
• C. Depends on financial strategy
• D. Conditional on market research

Answer: (A)

The statement is true because an effective business objective should be specific, measurable, achievable, relevant, and time-bound (SMART). Increasing tournament rounds at a golf course by 50% next year meets several of these criteria. Specifically, the objective is measurable; one can quantify the increase to assess progress or performance. It’s also time-bound as it specifies a clear deadline—next year. Additionally, it suggests a focus on growth and financial performance, which is relevant to the overall business strategy of a golf facility. While market conditions, financial strategies, and resource availability would influence the feasibility of achieving such an objective, the proposal itself aligns with the characteristics of a well-defined business objective.

The statement is true because an effective business objective should be specific, measurable, achievable, relevant, and time-bound (SMART). Increasing tournament rounds at a golf course by 50% next year meets several of these criteria.

Specifically, the objective is measurable; one can quantify the increase to assess progress or performance. It’s also time-bound as it specifies a clear deadline—next year. Additionally, it suggests a focus on growth and financial performance, which is relevant to the overall business strategy of a golf facility.

While market conditions, financial strategies, and resource availability would influence the feasibility of achieving such an objective, the proposal itself aligns with the characteristics of a well-defined business objective.