Question

S – Specific

M – Measurable
A – Achievable
R – Realistic
T – Timebound
List Lyft company for this year. New objectives and strategic plans. Should based on SMART criteria and their current issues or problems. How to solve it.

Answer 1

Lyft company can set new objectives and strategic plans based on the SMART criteria to address their current issues or problems.

Step-by-step explanation:

Lyft company can set new objectives and strategic plans based on the SMART criteria to address their current issues or problems.

For example, one SMART goal for Lyft can be to increase the number of active drivers by 20% within the next six months. This goal is specific (increasing active drivers), measurable (20% increase), achievable (within six months), realistic (considering market conditions), and time-bound (within the next six months).

To solve the current issue of declining customer satisfaction, Lyft can implement a SMART goal to improve their average customer rating by 0.5 points within the next quarter. This goal is specific (improving customer rating), measurable (0.5-point increase), achievable (within one quarter), realistic (based on customer feedback), and time-bound (within the next quarter).