long term objective - where is "it" planning on being in 5-10 years. Sometimes long term is defined as 'what is happening tomorrow" and short term as "what just happened".
economic performance - performance relative to economic indicators of the world, industry, sector, whatever.
environmental performance - performance based on how well it met environmental objectives.
social performance - how it performs relative to the desires of the masses.
2007-07-14 03:20:09
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answer #1
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answered by Bill R 7
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Long term objectives, is alot like it sounds. You know what long term means (future, something yet to come in the future) and objectives are sort of goals or how you see it will happen. So when you put it together it is more the plan or molding for long term goal. When you start college and pick a major, then to become a certian profession, that would be a long term objective, you have not created that goal yet, you have a plan but this will take time in creating. Business would be the same thing, as far as investments, growth, hiring, building etc.
Writing out a long term objective for a company would be putting the time frame, scope and the goal you realisticly will reach.
Economic Performance is the same, economics can be a country or global. It is based on employment, inport and outport resources, development, losses, gaines...look at your own home budget, how it is ran and how much you have in one year is your personnal economics, your money coming in, going out, your debit, the hours you work and assets you have developed. It is the same for a country or globally. Performance is the charting on how well it is doing (or not doing).
Enviromental performance:
Is how well our performance is in controlling the enviroment, such as waste, damages to wet lands, global warming, producing chemicals and how to dispose them, saving the land and creating a safe green house for living things,there are many more and I am sure you hear about more and more. This is the rating of how well we, or a certian state, or even a certian company is in performing a good enviroment. In some cases a company may use this term as how well their enviroment is within the company but under most cases it has to do with charting how well a state or country is doing with waste, oil, wildlife, etc.
Social performance:
This can be taken in many ways, it could be as simple as the performance for a company and how well the social enivorment is for the employees, (behavior, feedback, work ethics, mood ) In CEO's could be the good or bad communication among them. They even use social behavior (performance) from past behavior to see if things will work out, such as look back in history and see how people reacted to something when something was changed. Social performance can be how well and smooth relations are going between countries. Right now in the middleeast the social performance is always changing, they are watching this closely and trying to figure out which tactic works best. If they have a car bombing, well social performance usually goes down, while when they were freed from the leader it was doing well between the states and them.
Same as within your household. Some days the kids social perfromace is good while others it is not. You plus try to come up with things that will work in making it better which makes a happier home and more productive house.
You can always go to www.ask.com for more ideas and examples
2007-07-14 10:12:48
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answer #2
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answered by vickieski2001 2
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