A specific result that a person or system aims to achieve within a time frame and with available resources.

In general, objectives are more specific and easier to measure than goals. Objectives are basic tools that underlie all planning and strategic activities. They serve as the basis for creating policy and evaluatingperformance. Some examples of business objectives include minimizing

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USAGE EXAMPLE

An important objective of personal financial planning is to ensure that unnecessary expenses are eliminated and that necessary expenditures are dealt with in a timely manner, so as not to generate late fees or other penalties.