Business
Study Notes
SMART Objectives
- Level:
- GCSE, AS, A Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 22 Mar 2021
Many business experts suggest that both corporate and functional objectives need to conform to a set of criteria referred to as an acronym SMART.
The SMART criteria are summarised below:
Specific | The objective should state exactly what is to be achieved. |
Measurable | An objective should be capable of measurement – so that it is possible to determine whether (or how far) it has been achieved |
Achievable | The objective should be realistic given the circumstances in which it is set and the resources available to the business. |
Relevant | Objectives should be relevant to the people responsible for achieving them |
Time Bound | Objectives should be set with a time-frame in mind. These deadlines also need to be realistic |
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