answersLogoWhite

0

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.

User Avatar

Jordan Hubbard

Lvl 3
6y ago

What else can I help you with?

Related Questions

What are the meaning of economic planning and its features and the objectives?

Economic planning is a term used to describe the longterm goals of a government to develop the economy.


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.


Difference between manpower planning and workforce planning?

There is absolutely no difference between manpower planning and workforce planning.


Which answer best explains what GeoEXPT does for the user?

Automates the planning process.


What explains the purpose of long-term planning?

To save for large purchases in the future.


Which answer best explains GeoExPT does for the user?

Geo ExPT Automates the planning process


What best explains the purpose of long term planning?

To save for large purchases in the future


What is difference between planning and organizing?

Differentiate between planning and organizing


Explain why both short-term and long-term planning are important?

short term is financial asset used to run business at the market level whereas longterm is to invest to get maximum profit.


What is the difference between inventory control and inventory planning?

Their is no Difference


What is the difference between corporate planning and tax planning?

Corporate planning is planning made for your business while tax planning is minimizing the taxes you pay in a legal manner


What is the difference between planning and management?

Planning is a phase in the project management process. The management process consists of initiating, planning executing, and closing. So project planning is a crucial part in project management.

Trending Questions
Which one of the following is not a component of total distribution cost equals equals a Transportation cost b Inventory cost c Administrative overhead cost Protective Packaging cost? Because calculations of cost and benefit are subjective they can be described as? Do externalities either spill over cost or benefit? Why does the assumption of bounded rationality suggest that people might use rules of thumb to guide their decisions making instead of considering every possible choice available to them? What were the Products associated with the Middle Colonies? Is per capita calculated per annum? What is the importance in the economy of manufacturing business? Why does international trade require a system for exchanging currency between and among nations? How does the price mechanism solve the problem of what to produce of a free enterprise economy? Which inventory technique is used when the demand for one item depends on demand for another? I rather switch lives with a rich person? How much would 50 cents in 1893 be worth today? Is how market forces produce equilibrium An example of positive analysis? What is fixed and working capital? Which economic sector pays taxes to the government? Financial managers use escalation to consider the effects of inflation on an acquisition program by applying what? How many crowns equal to the dollar? Which type of monetary policies would the Federal Reserve most likely use when the economy is struggling? What are the economic benefits of co education? What is the value of 1978-D Eisenhower dollar?