Decisions which have a short time horizon typically have less uncertainties than decision that have a longer impact.

Question

Quizplus · Accepted Answer

Decisions with a short time horizon often involve fewer variables and less uncertainty because they are closer to the present, making it easier to predict outcomes and impacts. In contrast, decisions with a longer time horizon are subject to more variables and potential changes, increasing uncertainty.

Decisions Which Have a Short Time Horizon Typically Have Less