ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The following elements describe a SMART goal?
A
Specific, Monetary, Attainable, Recognize, Temporary
B
Short, Measurable, Action, Realistic, Time Bound
C
Specific, Measurable, Attainable, Realistic, Time Bound
D
Short term, Mandatory, Attainable, Repetition, Timely
Explanation: 

Detailed explanation-1: -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: -Setting specific, measurable, achievable, relevant, and time-bound (SMART) objectives is a good way to plan the steps to meet the long-term goals in your grant. It helps you take your grant from ideas to action.

Detailed explanation-3: -A SMART goal is used to help guide goal setting. SMART is an acronym that stands for Specific, Measurable, Achievable, Realistic, and Timely. Therefore, a SMART goal incorporates all of these criteria to help focus your efforts and increase the chances of achieving your goal.

Detailed explanation-4: -M – Measurable If it’s a project that’s going to take a few months to complete, then set some milestones by considering specific tasks to accomplish. Milestones are a series of steps along the way that when added up will result in the completion of your main goal. •

Detailed explanation-5: -Specific: Each week choose a SPECIFIC area of focus. Measurable: Specific goals are measurable. Achievable: You want to be sure your goal is a bit of a stretch but is still attainable. Relevant: Timely:

There is 1 question to complete.