Why are long-term goals much more important than short-term goals? What are its advantage and disadvantages?
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Why are long-term goals much more important than short-term goals? What are its advantage and disadvantages?
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Solved in 2 steps
- How can managers effectively manage and adjust goals during times of crisis or unexpected disruptions?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 main challenges faced by organizations in long-term planning, and how can they be overcome?
- discuss setting appropriate goals and objectives? What do you think should be considered (most importantly) when setting these goals? What about least important?How can an organization ensure that its long-term planning efforts are in line with changing market conditions and customer demands?What are the benefits and potential challenges of long-term planning versus short-term planning?