Question

Considering the forecasting periods, the plans that are for the tenure of 1-5 years are:
intermediate plans
long terms plans
long terms plans
none of the above​

Answer 1

Answer:

none of the above

Explanation:

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Answer 2

Answer:

A) Intermediate plans is the correct answer.

Explanation:

What are intermediate plans:

• Managers use planning to set particular goals, objectives, and corporate operations for the coming years.
• Plans that span the next one to five years are considered intermediate planning.
• These plans assist business owners and managers in evaluating specific parts of their business and making decisions about how to boost production output or operating profits.
• Owners and managers can also use intermediate plans to estimate future economic changes.