which of the following is an example of a long - term smart goal?\naccelerating payments on your car\nadd an…

which of the following is an example of a long - term smart goal?\naccelerating payments on your car\nadd an extra $100 to your credit card balance every month to pay off $600 of debt before interest starts accruing in 6 months\nbecome a successful entrepreneur and make a lot of money\ngrow as a person and business owner within the next ten years\nwhich one of the following characteristics helps an entrepreneur become successful?\nstrategic planning\npassion\nwilling to take calculated risks\nhard working\nall of the above

which of the following is an example of a long - term smart goal?\naccelerating payments on your car\nadd an extra $100 to your credit card balance every month to pay off $600 of debt before interest starts accruing in 6 months\nbecome a successful entrepreneur and make a lot of money\ngrow as a person and business owner within the next ten years\nwhich one of the following characteristics helps an entrepreneur become successful?\nstrategic planning\npassion\nwilling to take calculated risks\nhard working\nall of the above

Answer

Brief Explanations:

  1. For the first question, a SMART goal is Specific, Measurable, Achievable, Relevant, and Time - bound. "Growing as a person and business owner within the next ten years" is long - term and meets the SMART criteria better than the others. The first option is more of a short - term action, the second is a short - term financial goal, and the third is too vague.
  2. For the second question, strategic planning helps in setting directions, passion drives motivation, willingness to take calculated risks is necessary for innovation and growth, and hard work is fundamental for success. So all these characteristics help an entrepreneur become successful.

Answer:

  1. Grow as a person and business owner within the next ten years
  2. All of the above