Consider That You Are a fiNance Manager, and One of Your

question 1

Essay

Consider that you are a finance manager, and one of your junior staff wanted an explanation of the
term planning horizon. Provide a definition that conveys what the term means from a finance
perspective.

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Definitions:

Informally

In an unofficial or casual manner, without strict adherence to rules or formalities.

Being Socialized

The process by which individuals learn and internalize the values, beliefs, and norms of their culture, shaping their behavior and perspectives.

Mead

Refers to George Herbert Mead, a sociologist and philosopher known for his work on the development of self and the social process of symbolic interactionism.

Subjective Side

Refers to aspects of experiences, behaviors, or perceptions that are influenced by personal feelings, tastes, or opinions rather than by external objective reality.