Question

Planning for more than five years is
a] Long term
b] Mid term
c]Short term
d] None

Answer 1

Answer:

b is answer of this question

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Answer 2

The correct option in the given following:

Ans- Long- term Planning.

Explanation:

Planning including tenure of less than one year is termed Short term planning.

Includes small projects and programs

Planning including tenure of more than a year but less than five years is termed Mid-term Planning.

Includes projects and programs renewable or completed in a year's time.

Planning including more than five years is termed Long-term Planning.

Includes a long term investment or divercification, or plans which has an immense impact over the organization.