Use goal-setting theory to identify the important characteristics of an effective goal. Provide an example of both a good and a bad goal relative to those characteristics.
What will be an ideal response?
Goal-setting theory suggests that to stimulate high motivation and performance, goals must be specific and difficult. Difficult goals should be hard but not impossible to attain. Specific goals are often quantitative. An example of a good goal would be to "sell 40 units in the month of May" based on data that indicates the market can support the goal but still require a reasonable level of skill to achieve and not everyone could do it. An example of a bad goal would be "sell as many units as possible" or "sell at least 1 unit in the month of May," which is too vague or too easy.
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a. True b. False Indicate whether the statement is true or false
Which of the following acts prohibits "unfair methods of competition"?
A) the Clayton Act of 1914 B) the Hart-Scott-Rodino Act of 1976 C) the Federal Trade Commission Act of 1914 D) the Securities Exchange Act of 1934
You have just developed a voice recognition system that will also translate the spoken language into other languages. You are based in the United States but would like to sell the product in Europe and parts of South America. Describe what steps you might take to protect your product.
What will be an ideal response?
Public corporations are NOT required to publish annual reports
Indicate whether the statement is true or false