Goal Seeking

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Dictionary Says

Definition of 'Goal Seeking'

The process of finding the correct input when only the output is known. A goal-seeking entrepreneur might ask him or herself: "How much money do I have to earn per hour to gross $100,000 this year?" He or she knows the desired output, $100,000, but will have to work backwards to determine the desired input by figuring out how many hours he or she is able and willing to work in a year and then how much he or she needs to earn per hour, along with any other factors which may affect the final output.
Investopedia Says

Investopedia explains 'Goal Seeking'

To solve more complex goal-seeking problems, business people commonly rely on computer software. The spreadsheet program Microsoft Excel has a goal-seeking tool built in that allows the user to determine the correct input value for a formula when the desired output is known. This feature can be used, for example, to determine the interest rate a borrower would need to qualify for (the input) if he or she only knows how much he can afford to pay per month (the output).
Search results for

'Goal Seeking'

  • Arch Chemicals Looks To Boost Growth

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    ... seeking to expand sales here by targeting non-recreational water applications including
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  • Microfinance: What It Is And How To Get Involved

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    ... Historically, the goal of microfinance was the alleviation of poverty. ... some non-profit
    MFIs are transforming themselves into profit-seeking institutions to ...

  • Monsanto Growing Slower This Spring

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    ... That's an amazing goal, and one that few companies can claim to make. ... shares which
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  • Lubrizol's Profits Add Up

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    ... Nonetheless, it seems to be a very conservative goal that gives it a forward P/E
    of ... This will most likely lead to the higher-value applications it's seeking. ...

  • Credit And Debt Management: Credit Counseling | Investopedia

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    ... credit counseling agencies are created equal, the reputable agency's goal is to ... debt
    collectors, credit counseling is required for debtors seeking chapter 13 ...

  • Leveraged ETFs: Are They Right For You?

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    ... it is important to know, before buying an ultra ETF, that the goal is double ... Traders
    who are seeking to capitalize on daily movements - either in the market or ...

  • Plan To Retire Rich

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    ... Most investors should be seeking professional assistance in the development,
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  • 10 Steps To A Career In Hedge Funds

    http://www.investopedia.com/articles/financialcareers/08/hedge-fund-career.asp
    ... a hedge fund is your goal, then create daily habits that work towards that goal. ...
    with young hedge fund startups or emerging managers who are always seeking help ...

  • Drug Store Shopping

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    ... To Make Your First $1 Million Beyond Drugs Most businesses constantly are seeking
    new and ... Its goal was to move the 15% of total baskets at checkout that were ...

  • 8 Fund Types To Use In A Recession

    http://www.investopedia.com/articles/mutualfund/08/recession-proof-mutual-funds.asp
    ... is actually the practice of attempting to reduce risk, but the actual goal of most ...
    like a lemming isn't the right strategy for investors seeking long-term ...

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