Plans with a time horizon between one and five years are referred to as:
A)corporate term plans
B)short-term plans
C)rolling plans
D)intermediate plans
E)long-term plans

Question

Quizplus · Accepted Answer

Plans with a time horizon between one and five years are referred to as intermediate plans. Short-term plans refer to those with a time horizon of less than one year, while long-term plans have a time horizon of more than five years. Rolling plans are used for continuous planning and are not confined to a specific time frame. Corporate term plans are not a commonly used term.

Plans with a Time Horizon Between One and Five Years