ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1 year or less
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3-4 years
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5-10 years
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more than 10 years
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Detailed explanation-1: -A short term goal is a goal you can achieve in 12 months or less. Examples include: Take a class. Buy a new television.
Detailed explanation-2: -The main difference between short and long-term goals is that long-term goals tend to drive direction and strategy while short-term goals are tied to your current situation and tend to be easier to achieve. Of course, the most obvious difference is the amount of time and resources it takes to accomplish each.
Detailed explanation-3: -A short-term goal is a target you want to reach soon-today, this week, this month, or within this year. Here are examples of short-term goals: Take a class.
Detailed explanation-4: -Typically, short-term goals are defined as accomplishments that take 3 months to a few years. Long-term goals are usually completed in 3 to 5 years, or longer.
Detailed explanation-5: -Earn a new certificate or degree. Improve your performance numbers. Improve your networking and communication skills. Change your job. Improve your work-life balance. Waste less time during work hours. Make a website for yourself. Communicate with your coworkers more. More items •27-Feb-2023