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If an entrepreneur sets goals but does not measure progress, what is missing in goal setting?

Answer and explanation

Correct answer: Evaluation and monitoring

Setting a goal alone is not sufficient. An entrepreneur must regularly measure progress, compare it with the target, and make corrections when needed. Therefore, evaluation and monitoring are missing. Risk-taking and innovation are important entrepreneurial qualities, but they do not replace progress measurement in goal setting. Exam tip: link goals, timelines, and progress review as connected elements of effective goal setting.

Related tags

EntrepreneurshipGoal SettingMonitoringEvaluationEntrepreneurial CharacteristicsHome ScienceEntrepreneurship: Definition And CharacteristicsEntrepreneurship Definition And Characteristics

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