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Question

Long-term planning covers a period of _______.

A
5, 10 or 15 years
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B
2 years
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C
1 year
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D
18 months
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Solution

The correct option is A 5, 10 or 15 years
Planning can be classified into long term, medium term and short-term. Every organisations have their own goals. For long term goals there is long term planning. It usually covers a period of 5, 10, 15 years or more. Planning for a long term is harder and complex as it is a plan to fulfill the estimation of future needs.

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