B&Q is a British version of Home Depot. The retailer entered the Chinese market in 1999. It has invested almost half a billion dollars in China through the building and stocking of 14 new stores. When entering the Chinese market, B&Q set as its goal to break even by 2003. In terms of goal-setting theory, reports that two stores had made a profit in 2002 would be an example of: A. performance benchmark B. goal milestone C. performance feedback D. goal adjustment E. goal consequence
B&Q is a British version of Home Depot. The retailer entered the Chinese market in 1999. It has invested almost half a billion dollars in China through the building and stocking of 14 new stores. When entering the Chinese market, B&Q set as its goal to break even by 2003. In terms of goal-setting theory, reports that two stores had made a profit in 2002 would be an example of: A. performance benchmark B. goal milestone C. performance feedback D. goal adjustment E. goal consequence
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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B&Q is a British version of Home Depot. The retailer entered the Chinese market in 1999. It has invested almost half a billion dollars in China through the building and stocking of 14 new stores. When entering the Chinese market, B&Q set as its goal to break even by 2003. In terms of goal-setting theory, reports that two stores had made a profit in 2002 would be an example of:
| A. |
performance benchmark |
|
| B. |
goal milestone |
|
| C. |
performance feedback |
|
| D. |
goal adjustment |
|
| E. |
goal consequence |
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