What is the span of medium term planning?

1 and 2 years

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3 and 10 years

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2 and 5 years

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5 and 10 years

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Solution

The correct option is D 2 and 5 years
Planning is a function used to outline the goals and objectives for organisation for the future. According to the time period, the span of medium term plan is 2 to 5 years. Since there are uncertainties associated with long term plans, medium term plans are the primary concern of most organisations.

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