Principles of Management CLEP Practice Exam 2025 – Your Comprehensive All-in-One Guide to Exam Success!

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Question: 1 / 400

What is the typical duration for a short-term plan?

More than one year

Six months or less

The typical duration for a short-term plan is indeed six months or less. Short-term planning focuses on immediate goals and objectives that can be achieved in a relatively brief period. This type of planning is essential for organizations to respond quickly to changes in the environment, manage daily operations effectively, and ensure that tasks are completed promptly.

Short-term plans are often part of a larger strategic framework that includes medium- and long-term plans, but they specifically target outcomes that require swift implementation. In contrast, the other options indicate longer durations that are associated with medium-term (one to three years) or long-term (more than one year) planning, thus distinguishing short-term planning from those strategies.

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One to three years

Long-term undetermined period

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