What is a primary feature of short-term objectives?

Short-term objectives are characterized by their time frame, which is typically aimed at achieving results within a fiscal year or less. This focus on quick, achievable targets allows businesses to respond to immediate needs and conditions in the market. These objectives are important for setting a foundation for longer-term goals and ensuring that the organization remains agile and adaptable.

The emphasis on a one-year period or shorter helps teams prioritize tasks, allocate resources efficiently, and assess progress frequently, allowing for timely adjustments when necessary. This responsiveness is essential for maintaining competitive advantage and ensuring overall effectiveness.

In contrast, the other options suggest features that do not align with the nature of short-term objectives—such as requiring several years to achieve, remaining static over time, or focusing solely on market share—none of which capture the dynamic and time-sensitive essence of short-term planning.