Business Studies, asked by PulkitJAGGI, 9 months ago

long range planning is concerned with making today's decisions with a better sense of futurity

Answers

Answered by princerohit5236
0

Answer:

Yes Long Range Planning is concerned with making today’s, decisions with a better sense of futurity as Decisions exist only in the present." The question …is not what we should do tomorrow. It is what do we have to do today to be ready for an uncertain tomorrow? The question is not what will happen in the future. It is: what futurity do we have to factor into our present thinking and doing, what time-spans do we have to consider, and how do we converge them into a simultaneous decision in the present?

Answered by bhuvna789456
2

Long range planning is concerned with making today's decisions with a better sense of futurity can be explained as follows :

Explanation :

  • Long Run Planning is aimed at the achievement of the long term objective of an organization over a long period.
  • It involves establishing the goals that one has expected to achieve five or more years ahead.
  • The main purpose of long-range planning is to create a vision for the future.

Hence, it is true that long-range planning is concerned with making today's decisions with a better future of an organization.

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