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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.

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Jordan Hubbard

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6y ago

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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?

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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.


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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.

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