The Objective of Long-Range Planning Is to Predict for Some

question 34

True/False

The objective of long-range planning is to predict for some specified time in the future the size of demand for an organization's products and services and to determine where demand will occur.

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Definitions:

Shortening Time

The process of reducing the amount of time needed to complete an activity or task.

Archived Documents

Documents that have been filed or stored for historical or record-keeping purposes.

Product Or Service

The output or deliverable of a project, which can either be a tangible item or an intangible service provided to meet specified requirements.

Pulmonary Ventilation

The process of moving air in and out of the lungs, facilitating gas exchange with the blood.