What is an objective?
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An objective is a desired goal an organization has decided to pursue. These objectives can be classified as efficient or effective. Efficiency means that a process creates more output with the same inputs or the same output with fewer inputs. An effective objective helps achieve an organizational strategy. To summarize, an efficiency objective aims to conserve resources, whereas an effectiveness objective helps achieve a company strategy.
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With differences analysis, the researcher identifies a categorical variable (such as gender) and compares the groups represented by that variable (males versus females) by analyzing their differences on a second variable
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The range and sources of syndicated data available for industrial goods firms are more limited than those available to consumer goods firms
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