ENTREPRENEURIAL OPERATIONS
TIME MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Kaylee will save her allowance of $25 per month to purchase a $150 mp3 player in six months. This is an example of what type of goal?
|
|
Short-term goal
|
|
|
Long-term goal
|
|
|
Mid-term goal
|
|
|
This is not an exampleof a goal.
|
Explanation:
Detailed explanation-1: -Examples may include taking a vacation, buying a new refrigerator or paying off a specific debt. Mid-term financial goals can’t be achieved right away but shouldn’t take too many years to accomplish. Examples may include purchasing a car, finishing a degree or certification, or paying off your credit card debts.
Detailed explanation-2: -Key short-term goals include setting a budget, reducing debt, and starting an emergency fund. Medium-term goals should include key insurance policies, while long-term goals need to be focused on retirement.
There is 1 question to complete.