Planning for less than two years is
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less than 2 years plan is Short term planning.
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Planning for less than two years is known as 'Short term planning'.
Explanation:
This short term planning covers less than two years. It has to be formulated in a way so that it should be consistent with long term plans.
It is also referred as tactical planning. Here, the short term plans should be concerned with immediate future.
These involve planning concerned to inventory planning, employee training, work methods, and so on.
They can be easily adjustable, and easy to gauge. This involves little resources.
To know more about planning types and methods,
1) How does plannig provide direction?
https://brainly.in/question/9283212
2)‘Planning eliminates uncertainties’. Do you agree? Give reason to support your answer.
https://brainly.in/question/4787765
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