The information described above is a Market Survey/Research. A market survey is research included in a business plan that must be carried out prior to starting a business.
<h3>What is a
business plan?</h3>
A business plan is a document that outlines the results of a person's market research and must contain the following:
- Sales plans
- Market Strategy
- Financial Strategies
- Risk Management plans etc.
Learn more about business plans at:
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The GDP means gross domestic product. When it increases then it means the economy is getting stronger or is already strong. If it decreases then it becomes weaker or is already weak.
This answer would be reliability.
Answer:
D) Growth in earnings per share averaging 15% or better annually for the next five years
Explanation:
First of all, objectives must be well defined and measurable. That is why increasing profitability is a good idea but not a very good strategic objective, since a 0.00001% growth in profits will still comply with it. The same applies with growing market share.
Improving product quality will help improve total sales but it is not a financial objective.
The only financial objective that is precise and measurable is option D, which sets the goal of increasing earnings per share at least 15% every year.