Final answer:
The 'S' in the SMART acronym stands for 'Specific,' which means the goal should be detailed, clear, and focused rather than broad or vague. Setting specific goals enhances the chances of success by providing a clear direction. Option c is the correct answer.
Step-by-step explanation:
When setting goals, especially in a business or personal development context, ensuring they are SMART is paramount to increasing the likelihood of success. The acronym SMART stands for Specific, Measurable, Attainable, Realistic, and Timely. These criteria serve as a guideline to create clear and reachable goals.
The 'S' in SMART stands for Specific. A specific goal should be detailed and clear, providing a concrete description of what is to be achieved. Instead of a broad or vague objective, a specific goal articulates the who, what, when, where, and why, offering a focus for directing effort and resources.
For example, rather than setting a goal to 'do well in business,' a specific SMART goal would be to 'increase the net income of the business by 10% within the next fiscal year by expanding client base and improving the efficiency of the current marketing campaigns.'
Setting a specific goal channels effort in a defined direction and provides a way to measure progress, hence enhancing the chances of accomplishing the goal. This specific nature makes it easier to track milestones and make adjustments as needed throughout the pursuit of the goal.
According to the SMART parameters and the information provided, the correct option for what 'S' represents in the SMART acronym is (c) Specific.