what is short term and long term objectives of planning
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Short-term planning evaluates your progress in the present and creates an action plan to improve performance daily. However, long-term planning is a comprehensive framework that comprises of goals to be met within a four- to five-year period.
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The key difference between short term planning and long term planning is that short term planning focuses on an immediate period, especially in reference to revenue and profitability, whereas long term planning focuses on achievements for projected future.
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