ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Short term goals are:
A
hard to reach
B
accomplished in less than a year
C
personal
D
categorized by wants and needs
Explanation: 

Detailed explanation-1: -A short term goal is a goal you can achieve in 12 months or less.

Detailed explanation-2: -Typically, short-term goals are defined as accomplishments that take 3 months to a few years. Long-term goals are usually completed in 3 to 5 years, or longer.

Detailed explanation-3: -A short-term goal is a target you want to reach soon-today, this week, this month, or within this year. Here are examples of short-term goals: Take a class.

Detailed explanation-4: -Often, a long-term goal takes about 12 months, but may also take several years to achieve. For example, if you’re seeking a senior-level leadership role, it may take you a few years to earn the position. Short-term goals may take less than a year and more than a couple of days to complete.

Detailed explanation-5: -Visualize the finish line. Work backward. Use the SMART method. Distinguish between process and outcome goals. Start small. Track your goals. Reward yourself. Schedule your goals. 09-Aug-2022

There is 1 question to complete.