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What best explains the purpose of long term planning?

To save for large purchases in the future


Which best explains the difference between short-term and long-term planning?

Short-term planning takes care of regular expenses in the near future while long-term planning involves saving for large purchases further in the future.


Which of the following best explains the difference between short-term and long-term planning?

Short-term planning takes care of regular expenses in the near future while long-term planning involves saving for large purchases further in the future.


What explains the purpose of long-term planning?

To save for large purchases in the future.


What is Best explains the purpose of long-term planning?

The purpose of long-term planning is to establish a strategic framework that guides an organization towards achieving its goals over an extended period. It helps identify future opportunities and challenges, allocate resources effectively, and align stakeholders toward a common vision. By anticipating potential changes and setting clear objectives, long-term planning enables organizations to remain resilient and adaptable in a dynamic environment. Ultimately, it fosters sustainable growth and enhances decision-making processes.


What has the author Christian Mosgaard written?

Christian Mosgaard has written: 'Possibilities for mid and long term strategies for development in the Sahelian countries' -- subject(s): Economic conditions, Economic policy 'International planning in disaster situations' -- subject(s): Disaster relief, Emergency management, Mathematical models, Planning


How do you answer 'How long are you planning to work for our company' in a job interview?

"Until I retire."This is the best answer or else you can answer like " As long as you can do something that the company will be growing".


Critically X-Ray what constitutes the financial objective and economic objectives of a firm?

what constitutes a financial objective of a firm is the goals, long range planning and business. while that of the economic objective has to do with enviromental scanning and swot analsis


What best explains why hawks have sharp pointed beaks while hummingbirds have long thin beaks?

The birds eat different types of foods


What best explains the problems with a mono-agricultural economy?

growing single crop on the same land over and over for long period of time.


What is the best conclusion of economic growth and economic development?

i know that as long as the number of birth rate rise, there will be a possible rise also from the population... that's all


Economist john maynard keynes argued that the best way to address a long term economic depression was to?

Economist John Maynard Keynes argued that deficit spending was the best way to address a long-term economic depression. His policies are collectively known as Keynesian economics.