Which term refers to the end result a person intends to achieve in the future?

Prepare yourself for the TSA Business Management Exam. Engage with flashcards and comprehensive multiple-choice questions, each supplemented with hints and explanations. Ace your test!

The term that refers to the end result a person intends to achieve in the future is "goal." Goals are specific outcomes or achievements that individuals set for themselves, typically reflecting their aspirations and providing direction. They serve as benchmarks for measuring progress and can vary in scope, ranging from short-term to long-term aspirations.

In contrast, terms like "objective," "strategy," and "plan" have different meanings. An objective is often seen as a more specific and measurable step that contributes toward reaching a goal. A strategy outlines the approach or methodology by which one aims to achieve a goal. A plan involves the detailed steps and actions needed to execute a strategy effectively. Understanding these distinctions is key in business management, as it helps in effectively setting and achieving both personal and organizational goals.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy