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Question

Short-term planning covers a period of _________.

A
6 months
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B
8 months
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C
1 year
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D
2 years
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Solution

The correct option is C 1 year
Short term planning usually covers the short period of a year. Short term plans are concerned with the immediate future so we can say it deals with the current operations of business like stock management, work methods, employees training etc. It can be easily adjustable and only limited sources are required for short term planning.

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