3330941_smart - All businesses need to set objectives for...

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All businesses need to set objectives for themselves or for the products or services they are launching. What does your company, product or service hope to achieve? Setting objectives are important., it focuses the company on specific aims over a period of time and can motivate staff to meet the objectives set. A simple acronym used to set objectives is called SMART objectives. SMART stands for Specific, Measurable, Achievable, Realistic and Time (SMART) SMART Objective Diagram SMART Objective Table With Examples SMART Meaning Examples Specific – Objectives should specify what they want to achieve. For example a soft drinks company may w to achieve 3% market share in 12 months. Measurable – You should be A 3% market share over 12 months means
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able to measure whether you are meeting the objectives or not. that each month market share targets can b measured against a specific goal. Achievable - Are the objectives you set, achievable and attainable?
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This note was uploaded on 01/18/2012 for the course DEP 235 taught by Professor Eeer during the Spring '11 term at Assoc. of Chartered Certified Accountants.

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3330941_smart - All businesses need to set objectives for...

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