ITEC 4030 Quiz: Week 3 DQ2

• School: York University
• Department: Information Technology
• Course: ITEC 4030
• Professor: Younes Benslimane

Document Summary

Just as an organization has visions, missions, and goals, strategic objectives are very important. Strategic objectives allow the employees, stakeholders, and customers to know which direction the organization is taking and what that organization wants to obtain from the direction. The purpose of strategic objectives is to target outcomes that will prove that the organization is strengthening its market standing, competitive advantage, and future prospects. Both long-term and short term objectives are what make an effective overall strategic objective. Short term objectives allow the company to reach goals within a short amount of time to show progress is being made. Long term objectives are those goals that will be reached in the future if the company works hard and achieves the short term goals. The strategic objectives are very important to succeed because the financial results depend on the strategic objectives to have a strong and stable company.