Which of the Following Would Have a Very Short-Term Approach

question 5

Multiple Choice

Which of the following would have a very short-term approach to planning?

• A) Individuals who look for opportunities to achieve their goal,even if the opportunity isn't the one related to their original goal.
• B) Individuals who develop long-range plans for all aspects of the business and act based on the plans they've developed.
• C) Individuals who plan around the most important aspect of the business first,act on it,and then consider if additional plans are needed.
• D) Individuals who are comfortable with planning and act based on the plans they have developed.

---

Definitions:

Financially Attractive

A term describing investments, projects, or acquisitions that are appealing due to their potential for financial return or profitability.

Proposed Project

An outlined plan or proposal for a future project, often including objectives, methodologies, and potential impacts.

Net Present Value

The disparity between the current value of cash coming in and the current value of cash going out over a time frame, utilized in capital budgeting to evaluate an investment's profitability.

Annual Benefit

The total benefit, usually measured in monetary terms, that is expected to be received annually.