Suppose you find that the willingness to pay for Clippers tickets is highest for 23-64 year olds. Device a tactic to capture add
itional revenue. Show graphically how it will work. (Hint: Assume the demand curve is divided into 3 parts: children/students, adults, and senior citizens)
1 answer:
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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.
