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Commerce · Q44

Business Management

Graduate and Post Graduate · Commerce · question 44

Q44

Short term planning is

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

Answer: Option B

Solution

Answer: Option B
Solution:
Short term planning is 1 year. Short-term usually involves processes that show results within a year. Companies aim medium-term plans at results that take several years to achieve.