(Answered) Long range planning1 why should a business visualize long

Finance

Long Range Planning

1. Why should a business visualize long range goals and create a long range plan, instead of simply working through one annual plan and budget at a time?

2. Will a business need to make important financial decisions or commitments today that have long range consequences?

3. How is a strategic planning different than long range planning?

4. What is SWOT?

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