What is the main difference between short-term and long-term goals?
Answer and explanation
Correct answer: Short-term goals are achieved sooner, while long-term goals take more time
The distinction is mainly based on the time horizon for achievement. Short-term goals may support immediate tasks or near-term results, whereas long-term goals require sustained effort and are often reached through several smaller steps. Option A is correct. Both kinds matter in planning, so the other statements incorrectly deny their timing or importance.
Frequently asked questions
What is the correct answer to this question?
Short-term goals are achieved sooner, while long-term goals take more time
Why is this the correct answer?
The distinction is mainly based on the time horizon for achievement. Short-term goals may support immediate tasks or near-term results, whereas long-term goals require sustained effort and are often reached through several smaller steps. Option A is correct. Both kinds matter in planning, so the other statements incorrectly deny their timing or importance.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.