Question

In: Operations Management

In your own words, describe how you differentiate between goals and objectives?.

In your own words, describe how you differentiate between goals and objectives?.

Solutions

Expert Solution

A company’s goals and objectives are the foundation, which measures how much distance it has covered to attain its vision. Goals are defined as the lifelong aims, which an individual or entity endeavor to achieve something. It determines what the company is attempting to accomplish. On the other hand, objectives are the specific milestones which a person plans to achieve in a limited period. These are precise, measurable, time-based, actions that assist in the achievement of goal.

The major differences between goals and objectives are provided below:

1.The goals are the broad targets, which can be achieved through continuous actions taken in the particular direction. Objectives are the aims that you want to achieve in a short span of time.

2.The goals are the result i.e. a primary outcome, but if we talk about objective, it is a stepping stone for achieving the goal.

3.The goals are based on ideas, whereas objectives are facts based.

4.When it is about the time limit, it is difficult to determine correctly that in how much time it can be achieved, but objectives can be time bound, in essence, they can be attained in a given period.

5.It is hard to measure goals, i.e. how much distance you have covered till now, while chasing your goal and how much is left to be achieved. On the other hand, objectives are easy to measure.

6.The goals are abstract, while objectives are concrete.

7.The goals require general actions to attain it. As opposed to objectives, that needs specific actions.


Related Solutions

When establishing goals and objectives, how would you describe the relationship between the goals and objectives...
When establishing goals and objectives, how would you describe the relationship between the goals and objectives with the organizational vision, mission, and values?.
Define and differentiate between companies’ goals and objectives. List at least three factors that support the...
Define and differentiate between companies’ goals and objectives. List at least three factors that support the long-term attributes of “Goals".
In your own words, how do you describe ethics?
In your own words, how do you describe ethics?
describe how the virus will replicate in your own words. You should include how it will...
describe how the virus will replicate in your own words. You should include how it will make a new genome and how it will make new proteins/capsomers. Feel free to sketch this out as well. 1/Measles virus Spherical enveloped virus with helical capsid. Single-stranded, negative-sense, RNA virus. 2/ Epstein-Barr Virus Enveloped virus with an icosahedral-shaped capsid, containing double-stranded linear DNA. 3/ Norovirus Naked, icosahedral virus with positive, single-stranded RNA that does not use a reverse transcriptase.
1. Describe in your own words the structure of DNA. 2. Describe in your own words...
1. Describe in your own words the structure of DNA. 2. Describe in your own words how DNA makes copies of itself. (I.e. Describe DNA replication.). Protein synthesis involves two processes, transcription and translation. Describe in your own words how each process occurs. Transcription Translation
what are the goals and objectives of Xiaomi Corporation from 2020 to 2025. (Use your own...
what are the goals and objectives of Xiaomi Corporation from 2020 to 2025. (Use your own words at least 500 words)
Describe an event, in your own words, and how would you explain an intersection and complement...
Describe an event, in your own words, and how would you explain an intersection and complement to someone who's never read the chapter introduction to Probability.    Remember your reader has never read about these concepts, how can you explain it to them, provide examples.   The examples can't be from the textbook, create your own.
In your own words, differentiate the following statistical terminologies with some examples.
  In your own words, differentiate the following statistical terminologies with some examples. Population Parameter and Sample Statistic        Descriptive Statistics and Inferential Statistics  Nominal Scale and Ordinal Scale      Primary Data Source and Secondary Data Source  
In your own words, describe the difference between Between-Treatments (Groups) and Within-Treatments (Groups) variation. Explain how...
In your own words, describe the difference between Between-Treatments (Groups) and Within-Treatments (Groups) variation. Explain how you would evaluate the variation and other methods to ensure that the data are appropriate to use for the test. Illustrate your ideas using a specific example.
In your own words, describe the difference between Between-Treatments (Groups) and Within-Treatments (Groups) variation. Explain how...
In your own words, describe the difference between Between-Treatments (Groups) and Within-Treatments (Groups) variation. Explain how you would evaluate the variation and other methods to ensure that the data are appropriate to use for the test.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT