Question

Differentiate long term and short term movement. please answer

Answer 1

Short-term goals are straightforward: Within a relatively short period of time, usually a few months or less but occasionally up to a year, goals are set to achieve a particular result or implement a specific action. For example, a graduating senior in college might say, “My short-term goal is just to finish with a good gpa. After that, I’m taking a year off, then looking for a job, or maybe grad school.”

Long-term goals are more complex, particularly in a business environment: Some implementation goals are tactical, some are strategic. The former are 1–2 years, the latter are 3–10 years in most U.S. business settings. For example, a large firm may be replacing its hardware and software platform as part of a larger strategy that stretches out several years to integrate a newly developed multinational market place. The actual platform conversion may take two years to fully implement. Both are long-term in a sense, but the platform is more tactical or operational, while the multinational integration is clearly strategic.

Answer 2

Goals that take a long time to achieve are called long-term goals. Find out more about them. A short-term goal is something you want to do in the near future. The near future can mean today, this week, this month, or even this year.