Business Opportunity Concepts
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Questions and Answers

What does the SMART framework for goal setting stand for?

  • Specific, Measurable, Achievable, Relevant, Time-bound (correct)
  • Strategic, Manageable, Attainable, Relevant, Time-bound
  • Structured, Measurable, Achievable, Realistic, Timely
  • Strategic, Measurable, Achievable, Resourceful, Targeted
  • What is the importance of involving employees in goal setting?

  • To create an inclusive and collaborative work environment (correct)
  • To limit the employees' input in decision-making
  • To reduce employee motivation
  • To increase the workload on employees
  • Why is it important to give goals a time frame?

  • To ensure the goals are never achieved too early
  • To create unnecessary pressure on employees
  • To make the goals seem less urgent
  • To provide a deadline for achieving the goals (correct)
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