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Performance Is Enhanced When Goals Are Both Difficult (Challenging but Attainable)and

question 84

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Performance is enhanced when goals are both difficult (challenging but attainable)and specific (a number rather than a range); for example,selling $1,000 worth of clothing in a shift or assembling 15 parts per hour rather than "do your best"


Definitions:

TIPS

Treasury Inflation-Protected Securities, a type of U.S. treasury security indexed to inflation to protect investors from the negative effects of rising prices.

Default-Risk

The risk that a borrower fails to make the required payments on a debt obligation, leading to potential losses for the lender or investor.

Higher Rates

Typically refers to an increase in interest rates, which can affect borrowing costs, investment returns, and economic activity.

Standard & Poor's

A financial market intelligence company known for its stock market indices such as the S&P 500, as well as its ratings of the creditworthiness of borrowers.

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