Answered: what does the acronym SMART refer to…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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what does the acronym SMART refer to ,in the context of goal setting

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Introduction:

Every business is working towards a goal or an objective, the goal may be a short-term goal or a long-term goal. The goals are made by the businessman itself and they are attainable. The goals made by the businessman allow him to stay focused and do all the hard work to achieve them. SMART means Specific, Measurable, Achievable, Realistic, Timebound.

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