Research Has Identified Certain Factors That Characterize Effective Goals

question 153

Essay

Research has identified certain factors that characterize effective goals. Discuss the criteria for effective goals. Then, based upon this criteria, devise an effective goal for a business of your choice and an effective personal goal for yourself.

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Definitions:

Intervene

To come between disputing parties, events, or processes to alter a result or prevent certain actions.

Angel Investor

A wealthy individual who provides financial backing for small startups or entrepreneurs, often in exchange for ownership equity in the company.

Return

Refers to the income generated from an investment, including dividends, interest, or capital gains, expressed usually as a percentage.

Investment

The act of allocating resources, usually money, with the expectation of generating an income or profit.