ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What part of SMART is missing from this goal? I will improve my grade in Business by the end of the semester.
A
Not time-bound
B
Not attainable
C
Not specific enough
D
Not measurable
Explanation: 

Detailed explanation-1: -The goal is missing the measurable aspect since there is no measure in the improvement say by 20 points or from Grade C to B. There is no measure to the improvement.

Detailed explanation-2: -S.M.A.R.T. goals provide a simple framework for setting goals that you are more likely to achieve. While the clarity is useful, the effectiveness is lacking. The acronym is missing two very important additions that elevate your overall success potential: emotion and re-evaluation.

Detailed explanation-3: -With SMART goals, you get to track your progress and stay motivated. Assessing your progress keeps you focused, helps you hit your deadlines, and creates a sense of excitement when you get nearer to hitting your targets. SMART goal-setting can also stop you feeling overwhelmed by the enormity of a project.

Detailed explanation-4: -A SMART goal must be time-bound in that it has a start and finish date. If the goal is not time-constrained, there will be no sense of urgency and, therefore, less motivation to achieve the goal. Ask yourself: Does my goal have a deadline?

Detailed explanation-5: -With goals that are specific, measurable, achievable, relevant, and timely, you can take the steps needed for long‑term success. With goals that are specific, measurable, achievable, relevant, and timely, you can take the steps needed for long-term success.

There is 1 question to complete.