BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -What are SMART goals? The SMART in SMART goals stands for Specific, Measurable, Achievable, Relevant, and Time-Bound. Defining these parameters as they pertain to your goal helps ensure that your objectives are attainable within a certain time frame.

Detailed explanation-2: -SMART goals are: Specific: Well defined, clear, and unambiguous. Measurable: With specific criteria that measure your progress toward the accomplishment of the goal. Achievable: Attainable and not impossible to achieve. Realistic: Within reach, realistic, and relevant to your life purpose.

Detailed explanation-3: -• Measurable – Objective includes how the action will be measured. Measuring your. objectives helps you determine if you are making progress. It keeps you on track and on. schedule.

Detailed explanation-4: -Let’s go back to Initech’s objective of ‘increasing sales by 5% over the next quarter. ‘ That’s a good measurable objective example as it mentions a clear, specific figure that can easily be calculated.

Detailed explanation-5: -Specific: Write down your goal with as much detail as possible. Measurable: Identify quantitative targets for tracking your progress and results. Attainable: Make sure it’s possible to achieve the desired result. Realistic: Acknowledge the practical requirements necessary to accomplish the goal.