ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Objective setting is when an organization plans goals and how to meet them on a realistic timescale.

Detailed explanation-2: -Goal setting refers to the process of setting specific, attainable targets for individuals or groups. It is a motivational technique which can help the employees to understand the business goals, and motivate them to rise to the challenges.

Detailed explanation-3: -A goal is an achievable outcome that is generally broad and long-term while an objective defines measurable actions to achieve the overall goal.

Detailed explanation-4: -A goal-setting process involves creating milestones for yourself and building a strategy to help you stick to achieving these goals. Goal-setting allows you to identify a new objective, skill or task you’d like to accomplish and establish a clear path using smaller tasks to help reach your end goal.

Detailed explanation-5: -Goal-setting is the process of taking active steps to achieve your desired outcome. Maybe your dream is to become a teacher, musician or physical therapist.