The Difference Between SMART Objectives and a PEST Analysis Is

question 45

Multiple Choice

The difference between SMART objectives and a PEST analysis is ________________.

• A) SMART objectives are used to analyze the micro environment, while PEST analysis is used to analyze the macro environment
• B) SMART objectives are guidelines with which to set goals and PEST analysis is used to analyze the micro environment
• C) SMART objectives are guidelines with which to set goals and PEST analysis is used to analyze the macro environment
• D) SMART objectives are used to analyze the macro environment and PEST analysis is used to evaluate goals

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Definitions:

Risky-Shift

Refers to the phenomenon where groups tend to make riskier decisions together than individuals would on their own.

Group Polarization

The inclination of a collective to reach decisions that are significantly more radical than the initial tendencies of the individual members.

Reciprocal Helping

A social behavior where individuals help others with the expectation that these others will help in return in the future.

Life-Threatening Shock

A severe medical condition where the body is not getting enough blood flow, leading to vital organs not functioning properly, and is potentially fatal.