The term ‘short term’ in management and finance refers to processes that produce results within an year. These are more used by individuals than firms and organisations. They tend to move towards medium-term plans so that the results stay in the making for several years. Long term plans refer to the overall final goal or aim of the particular organisation. When involved in short term management, there are most definitely several risks involved. If you are just planning to get into this, it is of primary essentiality that you are thorough with what you will have to deal with in order to complete the goal successfully. If you are already involved with a short-term management plan and if you are concerned it may not be going the way you thought it would or the way you would now want it to, this presentation will come as a blessing in disguise to you

Abhijith S

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