ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Short-term goals for a business might include
|
|
expansion to another location
|
|
|
investment in additional equipment
|
|
|
leasing a facility
|
|
|
all of these
|
Explanation:
Detailed explanation-1: -The biggest difference between short-term goals and long-term goals is their purpose. Long-term goals are strategic-they’re a plan for the future of the business. Short-term goals contribute to business success but have more to do with your current performance.
Detailed explanation-2: -When building a business, you should concentrate on a different hierarchy: Survive. Sustain. Profit.
There is 1 question to complete.