ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What does the A in SMART Goal stand for?
A
Asset
B
Assistance
C
Attainable
D
Anuity
Explanation: 

Detailed explanation-1: -Definition of SMART Objectives. SMART stands for specific, measurable, achievable, relevant, and time-bound.

Detailed explanation-2: -Achievable: Attainable and not impossible to achieve. Realistic: Within reach, realistic, and relevant to your life purpose. Timely: With a clearly defined timeline, including a starting date and a target date. The purpose is to create urgency.

Detailed explanation-3: -Your goal also needs to be realistic and attainable to be successful. In other words, it should stretch your abilities but still remain possible. When you set an achievable goal, you may be able to identify previously overlooked opportunities or resources that can bring you closer to it.

Detailed explanation-4: -What are the 5 SMART goals? SMART goals stands for an acronym outlines a strategy for reaching any objective. SMART goals are Specific, Measurable, Achievable, Realistic and anchored within a Time Frame.

Detailed explanation-5: -Use specific wording. Include measurable goals. Aim for realistically attainable goals. Pick relevant goals that relate to your business. Make goals time-bound by including a timeframe and deadline information. 26-Jan-2022

There is 1 question to complete.