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A strategic goals for Quaker oats company could be to improve returns for its shareholders by 2 percent annually.

What is Strategic goal?

Instead of a quick fix to a current issue or obstacle, a strategic goal is a long-term, "big picture" target for a company. Instead of setting goals that only enhance or correct what the organisation is already doing, strategies aid the business in improving how it functions and establishing new ones. In strategic military operation plans, a strategic military aim is used to specify the ideal outcome of a conflict or campaign.

A company's strategic goals are the precise financial and non-financial objectives and outcomes it wants to achieve over a given time frame, typically the next three to five years. Strategic goals are significant because they: Guide budgeting, capability requirements, resource allocation, and priority setting processes. Individual and team goals that are specific are utilized to direct and coordinate the work of all personnel. Educate future marketing, operations, IT, and human resources plans.

Hence, A strategic goals for Quaker oats company could be to improve returns for its shareholders by 2 percent annually.

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