Under What Conditions Would SMART Goals Be Most Effective

question 97

Multiple Choice

Under what conditions would SMART goals be most effective?

• A)When managers have clearly established goals without employee input.
• B)When employees feel the skill sets needed to perform a goal-oriented task need to be upgraded.
• C)When employees have a supportive and trusting relationship with their managers.
• D)When managers provide feedback to employees on a very irregular basis,if at all.

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Definitions:

Standard Deviation

A statistic that measures the dispersion or variability of a dataset relative to its mean, commonly used to quantify the amount of variation.

Stock

A kind of financial instrument that indicates possession in a company and symbolizes a right to a portion of the firm's assets and profits.

Beta

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates higher than average market volatility.

Risk Premium

The additional return an investor requires for taking on a higher level of risk compared to a risk-free investment.