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General Goals Work Better Than Specific Goals Because They Often

question 6

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General goals work better than specific goals because they often provide enough information regarding which behaviors are to be changed or when a clear end state has been attained.


Definitions:

Expansion Plans

Strategies or projects aimed at growing a business's operations, markets, or product offerings.

Demand Possibilities

The range of potential demand scenarios that a business might encounter, often used for forecasting and planning purposes.

EMV

Expected Monetary Value, a risk management tool used to calculate the average outcome when the future includes scenarios that may or may not happen.

States of Nature

Hypothetical conditions or scenarios in decision theory and economics, representing all possible situations that could affect the outcome of a decision.

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