What is defined as the end result of something a person intends to achieve?

Study for the WebXam Financial Test. Leverage flashcards and multiple-choice questions, each featuring hints and explanations. Prepare thoroughly for your exam success!

The term that refers to the end result of something a person intends to achieve is "goal." Goals are specific, measurable outcomes that individuals aim for in various aspects of their lives, whether personal, professional, or academic. Setting a goal provides direction and motivation, helping individuals to focus their efforts on accomplishing a particular aim. Goals are often outlined in a clear, actionable manner and serve as benchmarks against which progress can be measured.

While ambition, objective, and plan are related concepts, they do not encapsulate the same meaning as a goal. Ambition refers to a strong desire to achieve something, usually requiring determination and hard work, but it does not specify an end result. An objective is usually a more specific target within a larger goal, often used in a planning context. A plan outlines the steps and actions needed to achieve a goal but does not represent the end result itself. Hence, "goal" is the most fitting term for the end result of an intended achievement.

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