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general_term:objective

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Objective

Definition

An objective is a short statement of the desired outcome to be accomplished over a short time frame.

Note

The timeframe is usually one year.

Relation(s)

  • Objective is supertype of data quality objective.
  • Objectives and goals both refer to the desired outcomes that a person or oranisation wants to achieve.

Examples

  • Earn a minimum of 15% return on investment in a fiscal year
  • Increase the company’s market share to 7% by the end of the next fiscal year
  • Cut down the operating costs by 10% within two years
  • Reduce the response time for sales inquiries to 12 hours by the end of this quarter

Reference

general_term/objective.1679162502.txt.gz · Last modified: 2024/03/08 13:34 (external edit)