F291 key terms

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strategic objectives
how a business plans to achieve its aims or goals; often a long term approach
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tactical objectives
the day-to-day (short term) objectives needed to endure the strategic objectives are achieved
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opportunity costs
the cost if the next best alternative that has to be given up when a decision is made
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SMART objectives
wefrt
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S
SPECIFIC
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M
MEASURABLE
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A
AGREED
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R
REALISTIC
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T
TIME-BOUND
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Other cards in this set

Card 2

Front

tactical objectives

Back

the day-to-day (short term) objectives needed to endure the strategic objectives are achieved

Card 3

Front

opportunity costs

Back

Preview of the front of card 3

Card 4

Front

SMART objectives

Back

Preview of the front of card 4

Card 5

Front

S

Back

Preview of the front of card 5
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