When setting goals, what must managers consider about the goals' relationship to the business strategy?a.Whether goals adhere to industry standardsb.Whether set goals directly contributec.If goals justify business risksd.If goals align with competitor's strategies

To answer the question step by step:

1. Identify the core of the question: The question is asking what managers must consider about the relationship between goals and business strategy.

2. Analyze each option:

   • Option a: "Whether goals adhere to industry standards" - This option focuses on compliance with industry norms, which is important but not directly related to the alignment with business strategy.
   • Option b: "Whether set goals directly contribute" - This option emphasizes the direct contribution of goals to the business strategy, which is crucial for ensuring that the goals support the overall strategic objectives.
   • Option c: "If goals justify business risks" - This option considers the risk aspect, which is important but more related to risk management than the alignment with business strategy.
   • Option d: "If goals align with competitor's strategies" - This option focuses on competitors, which is important for competitive analysis but not directly about aligning with the business's own strategy.

3. Determine the best option: The most relevant consideration for managers when setting goals in relation to the business strategy is ensuring that the goals directly contribute to the strategic objectives of the business.

4. Conclusion: The correct answer is b. "Whether set goals directly contribute".