Which of the Following Is True About Long-Range and Short-Range

question 17

Multiple Choice

Which of the following is true about long-range and short-range plans?

• A) There is a lot more permanency to long-term plans today than there was in the past.
• B) Long-term plans are not subject to frequent revisions today.
• C) Long-term plans typically look at least ten years or more into the future.
• D) The time frames of planning are shifting at present.
• E) Lower management is mainly responsible for creating short-term plans.

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Definitions:

Public Good

A good or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Majority Vote

A voting system where the option receiving more than half of the votes is selected.

Political Corruption

The misuse of public power for private benefit, typically involving bribery, graft, or influence peddling.

Informal Fee

Charges or costs that are not officially sanctioned or documented, often occurring in informal or unregulated markets.