What is the typical time span for long-range plans?
A. More than 1 year C. 3–5 years
B. 2–3 years D. About 25 years
C 3-5 years
The typical time span for long-range plans can vary depending on the context and the organization involved. However, based on the given options, the most commonly accepted range for long-range plans is typically between 3 to 5 years. This is because long-range plans usually involve setting goals, strategies, and initiatives that require a significant amount of time to implement and achieve meaningful results.
To verify this answer, you can consult reliable sources such as management textbooks, business articles, or industry best practices. These sources often discuss the different time spans typically associated with strategic planning and long-range plans. Additionally, you can also refer to official documents or statements from organizations to understand their specific time frames for long-range planning.