Discuss the components of SMART goals and provide an example.
What will be an ideal response?
SMART means specific, measurable, actionable, relevant, and time-based.
Specific: A specific goal has been shown to be more motivating than a “do your best”
goal. Measurable: Set concrete criteria for measuring progress toward the attainment of
each goal. Actionable: Goals need to be challenging, but they also need to be seen as
attainable by the person setting them. Relevant: The goal you set needs to matter--to
the individual setting it and/or the organization. Time Based: To be motivating, goals
should have a specific time frame. For example, a not-so-smart goal would be the
following: “Improve your punctuality.” In comparison, an example of a SMART goal
would be as follows: “Be at work by 8:30 a.m. every day this month because everyone
being at work on time contributes to our team’s productivity.”
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In a two-product, two-country world, international trade can lead to increases in
a. consumer welfare only if output of both products is increased. b. output of both products and consumer welfare in both countries. c. total production of both products, but not consumer welfare in both countries. d. consumer welfare in both countries, but not total production of both products.
The following items appear on the balance sheet of The Piano Company at the end of 2017 and 2016: 2017 2016 Current assets $6,000 $3,000 Long-term assets 7,000 4,000 Current liabilities 2,000 3,000 Long-term liabilities 7,000 0 Stockholders' equity 4,000 4,000 Between 2016 and 2017
a. The Piano Company's debt-to-equity ratio and current ratio both increased. b. The Piano Company's debt-to-equity ratio and current ratio both decreased. c. The Piano Company's debt-to-equity ratio increased and its debt-to-total assets ratio decreased. d. The Piano Company's debt-to-equity ratio decreased and its debt-to-total assets ratio increased.
________ positioning involves meeting consumers' lower performance or quality requirements at a much lower price
A) More for less B) Less for much less C) Same for less D) More for more E) More for the same
Tender can be made any time of the day or night when the seller feels like delivering the goods
Indicate whether the statement is true or false