Vidyalelo
Commerce · Q40

Business Management

Graduate and Post Graduate · Commerce · question 40

Q40

Long term planning is

A.
1 months
B.
1 year
C.
2 to 5 years
D.
5 to 15 years
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Long term planning is 5 to 15 years. A long-term planning is about setting a process by which a particular strategic plan will be achieved. This process focuses on activities that start now and continue well into the future.