Which of the Following Goals Satisfies the SMART Criteria

question 44

Multiple Choice

Which of the following goals satisfies the SMART criteria?

• A)"As a talented florist,I will sell $100,000 in flowers."
• B)"This company will greatly improve its performance next year."
• C)"Within the next six months,I will grow my sole proprietorship into a corporation that is larger than Apple and IBM combined."
• D)"Improve our customer-service ratings."
• E)"In the next quarter,our Houston sales rep will increase sales by 10%."

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Definitions:

Units

A measure of quantity, such as items, goods, or services, which can be counted or measured.

FIFO

First-In, First-Out (FIFO) is an inventory valuation method where goods first added to inventory are the first ones considered sold.

Ending Inventory

The financial value of products on hand for selling at the end of a fiscal period.

Units

basic quantities or measurements used as a standard to express values, amounts, or sizes.