Explain the concept of goal setting in the planning process. What are the characteristics of effective goals?
Explain the concept of goal setting in the planning process. What are the characteristics of effective goals?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Explain the concept of goal setting in the planning process. What are the characteristics of effective goals?
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Step 1: Define the term Planning Process:
The planning process is a methodical and purposeful series of ways or conditions accepted by individualities, associations, or institutions to establish pretensions, define strategies, allocate coffers, and outline the conduct necessary to achieve asked issues or objects. This process involves a structured approach to decision-making and forward-allowing, allowing individualities or realities to anticipate unborn scripts and produce a design for reaching their pretensions effectively.
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