AAMS Module Quizzes (1-10); Questions and Answers 100% Verified

AAMS Module Quizzes (1-10); Questions and Answers 100% Verified What are the major steps in the asset management process Correct answer-1. gather data 2. establish goals 3. analyze information 4. make and implement recommendations 5. monitor Stefan's business plan includes the following goal: "I will contact 50 prospective clients and document this activity in the CRM for tracking purposes." Which primary element of a good goal is missing? Correct answer-This goal is not time-framed. The acronym to remember for goal setting is SMART, which stands for Specific, Measurable, Achievable, Relevant, and Time-Framed. The primary flaw in this goal is that it is not timeframed. Because it is not time-framed, it is difficult to tell if this is achievable, but it is certainly measurable and very likely relevant