ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Short-term
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Intermediate
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Long-term
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None of the above
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Detailed explanation-1: -Intermediate goals: These are goals that you can accomplish in one to five years. They take more planning and most likely will take quite a bit of saving. They might include continuing your education, buying a car or purchasing a home. Long-term goals: These are goals that will take more than five years to accomplish.
Detailed explanation-2: -Short-term goals also minimise procrastination. They lay down a clear and defined path to success, allowing you to focus on one thing at a time. This focus will not only help you stay motivated, but it will also help your productivity, and have you achieving your long-term goal quicker.
Detailed explanation-3: -Short-term goals can be achieved in fewer than two months. Medium-term goals may take from two months to three years to achieve. Long-term goals require three or more years to achieve.
Detailed explanation-4: -Establish a long-term goal and why you want to achieve it. Break your long-term goal down into sections that cover three to five years. Decide what you need to do to complete your first intermediate goal and start doing it. More items •19-Jul-2021