exam: retail industry fundamentals (july 2024 release)\nquestion 6 of 50\nin the context of smart goal…

exam: retail industry fundamentals (july 2024 release)\nquestion 6 of 50\nin the context of smart goal setting, which example best illustrates what the “a” stands for?\na. adaptable - setting a goal to improve employee training, but without clear benchmarks or steps to adjust the approach as needed\nb. ambitious - aiming for a 50% increase in sales within a month, regardless of the current market conditions or resources.\nc. achievable - setting a goal like increasing quarterly sales by 5% based on current market trends and team capacity\nd. accountable - assigning the goal of improving customer satisfaction scores to a specific team without additional metrics or support.

exam: retail industry fundamentals (july 2024 release)\nquestion 6 of 50\nin the context of smart goal setting, which example best illustrates what the “a” stands for?\na. adaptable - setting a goal to improve employee training, but without clear benchmarks or steps to adjust the approach as needed\nb. ambitious - aiming for a 50% increase in sales within a month, regardless of the current market conditions or resources.\nc. achievable - setting a goal like increasing quarterly sales by 5% based on current market trends and team capacity\nd. accountable - assigning the goal of improving customer satisfaction scores to a specific team without additional metrics or support.

Answer

Brief Explanations:

In SMART goal - setting, "A" stands for Achievable. An achievable goal is one that is realistic and can be accomplished given the current resources, market conditions, and team capabilities. Option C describes setting a goal of increasing quarterly sales by 5% based on current market trends and team capacity, which aligns with the concept of an achievable goal. Option A does not properly define adaptability in a goal - setting context and lacks clear benchmarks. Option B is overly ambitious without considering market and resource constraints. Option D refers to accountability rather than the "A" in SMART which is about achievability.

Answer:

C. Achievable - Setting a goal like increasing quarterly sales by 5% based on current market trends and team capacity