What are the potential risks and limitations associated with long-term planning, and how can they be mitigated?
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What are the potential risks and limitations associated with long-term planning, and how can they be mitigated?
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- What are the primary challenges that organizations face when it comes to long-term planning, and how can they overcome these challenges?What are the benefits and limitations of short-term versus long-term planning approaches?What are the potential risks and challenges that organizations may face when implementing long-term plans, and how can they be mitigated?
- Compare and contrast short-term and long-term planning. Discuss the benefits and challenges associated with each type of planning and provide examples of situations where each approach is most appropriate.Why are long-term goals much more important than short-term goals? What are its advantage and disadvantages?What role does flexibility play in long-term planning, and how can plans be adjusted when circumstances change?