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According to Goal-Setting Theory,goals Should Be Specific,be Difficult to Achieve,and

question 35

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According to goal-setting theory,goals should be specific,be difficult to achieve,and require sustained effort.


Definitions:

Credit Card

A plastic card issued by a bank allowing the holder to purchase goods or services on credit.

Rate Of Return

The financial increment or decrement experienced in the value of an investment over a specific duration, highlighted as a percentage of the initial capital deployed.

Business Venture

A new enterprise entered into for profit, often characterized by innovation, risk, and a new market or product.

Compounded Semi-annually

The process of calculating interest on both the initial principal and the accumulated interest from previous periods twice a year.

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