ECONOMICS
DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Short-term goals can help you work towards that long-term goal or they can be goals you’ve set for isolated milestones in your life.
Detailed explanation-2: -Use these goals to advance toward your long-term goals and ideal life. Make your short-term goals SMART-Specific, Measurable, Achievable, Relevant, and Time-bound-so you’re more likely to accomplish them and increase confidence in your abilities. Short-term goals are motivating.
Detailed explanation-3: -Short-term goals focus on what you can do right here, right now. They’re about working with what you have now or in the near future. Long-term goals are tied to who you want to be in the future. They require meticulous planning and should align with your life mission and purpose.
Detailed explanation-4: -Break your long-term goals into short-term goals To set short-term goals, write down all the tasks you need to accomplish in order to reach your long-term goal. Think of them as dependencies-hitting these goals unblocks your ultimate, long-term goal. Then, turn each of those dependencies into its own SMART goal.
Detailed explanation-5: -If your short-term goal is to learn new skills, for instance, your long-term goal might be to gain a managerial position that allows you to lead a team. Focus on guiding yourself toward the future you envision. Keep your answers honest, but let the company and position guide you.