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Yash Joshi
Human Resource (HR) and Corporate Admin Expert
Asked a question 9 months ago

What are short term and long term planning?

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Yash Joshi
Human Resource (HR) and Corporate Admin Expert

Short-Term

Short-term planning is the type that looks over the present status of the company and accordingly plans are made and strategies are developed to implement them.

Long-Term

When any organization wants to solve some problems permanently, they look for long term plans. Long-term planning is done keeping in mind the social, economic, and political situations.