In Order to Write Effective Goals, Which of the Following

question 17

Multiple Choice

In order to write effective goals, which of the following factors must be considered?

• A) Goals should be written in terms of actions.
• B) Goals should be measurable.
• C) Goals should be difficult to accomplish.
• D) Goals should have no definite time period for completion.

---

Definitions:

Demand Curve

A graphical representation showing how the quantity demanded of a good or service varies with its price, ceteris paribus.

Consumer Surplus

The differentiation in the total expenditure consumers are willing and have the economic means to allocate for a good or service, versus what they effectively allocate.

Perfect Competition

A market structure characterized by a complete absence of rivalry among firms, where no single firm can influence the market price or product quality, leading to optimal allocation of resources.

Natural Monopoly

A market structure where a single supplier is most efficient due to the high fixed or startup costs of operating, making it impractical for new entrants to compete.