Business Studies, asked by ushareddy984620, 18 days ago

what articulates the longterm goals of an enterprise

Answers

Answered by itxhorror
1

Long-term planning involves assessing a company's current market position, setting goals for where to take the company in the future, and establishing tactics for moving the company from where it is to where its leaders want it to be in the future.

Answered by sarahssynergy
0

The long-term goals of an enterprise are combined of profits, employee retention, corporate social responsibility, etc.

Explanation:

  • The Long-term goals of an enterprise are the goals that it has over a period of time.  
  • These goals are more serious and ensure the survival of the firm in the long run.
  • The long-term goals of an enterprise are articulated with profits, employee retention, corporate social responsibility, diversification, etc.
  • The goals of different firms are always different and therefore the long-term goals can be different for the two firms.
  • For one firm the long-term goal could be increasing the line of a product while for the other firm the goal could be reducing the production cost.      
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