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Three Characteristics of well-designed goals: Wal-Mart

See attached file.

Select an organization that you have worked for or one that you are familiar with and find the goals the organization has set. Many times this information can be found on the company's website.

Search the Internet and research goal setting. Compare the information you found with the information in the text. On your original posting, answer the following questions with supporting references.

What are three characteristics of well-designed goals?
Describe a brief overview of the firm and its goals. Make sure to support your work.
How would the firm you selected in Question #2 (above) achieve two of these goals?

Be sure to cite your sources using the correct standard of APA

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Corporate Goal Setting

Three characteristics of well-designed goals, specificity, measurability and attainable.

Walmart has set goals for 2010 which are well designed. When goals are specific, they are understandable and unambiguous. Walmart's goals have a time element stating when the will be achieved, by January 2011. The goals Walmart stated have measurability because they contain specific numbers such as the amount of capital expenditure they wish to make over the given period. The company goals are also attainable as they are set against the background of past performance, as is shown in the comparison between 2009 and 2010 performance figures.

Describe a brief overview of the firm and its goals. Make sure to support your work.

Wal-Mart operates both retail stores and super centers across the U.S. The retail business is ...

Solution Summary

Corporate Goal Setting

Three characteristics of well-designed goals, specificity, measurability and attainable.

Walmart has set goals for 2010 which are well designed. When goals are specific, they are understandable and unambiguous. Walmart's goals have a time element stating when the will be achieved, by January 2011. The goals Walmart stated have measurability because they contain specific numbers such as the amount of capital expenditure they wish to make over the given period. The company goals are also attainable

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