profit formula economics Financial staff are used to dividing the investment payback period into long-term, intermediate and short-term periods. The term usually refers to more than five years, short term generally refers to a period of less than one year, and the middle term is somewhere in between. Managers also use long, medium and short term to describe the plan. Long-term plan describes the organization in a quite long period (usually more than 5 years) and the development direction of policy, regulation on the group's various departments over a longer period of time in some activities should reach the goal and requirements, mapped the organization long-term development blueprint. Short-term plans specifically provides for all departments of an organization in the current stage, to the future the shorter period especially in the recent period of time, which should be engaged in activities, engaged in such activities should meet the requirement, and thus provides a basis for the ACTS of all members of the organization. disappointing because of the best performance of the global economy since the financial crisis. Planning is not only the premise and criterion of organization, command and coordination, but also closely related to the management and control activities. The plan sets the data, scales and standards for various complex management activities, which not only provide direction for control, but also provide a basis for controlling activities. Experience tells us that unplanned activities are uncontrollable and uncontrollable. Because the control itself is to correct the deviation of the deviation plan, to keep the management activities consistent with the objectives. We have your own theories to find out various phases of lives. Some get depressed even in the slightest of problems, some don?t even budge even at the biggest of crisis. Life should be treated being a gift always and should be given a fair chance. I am not a philosopher, neither am I a writer. I am simply a one who learns from my experiences and rehearse them in my everyday life to accomplish happiness and satisfaction in life. I just chanced upon a web link on the web that was published by Great Sun. The book is termed Super Life Secret Codes which is a take on life and how we need to treat every single day since it comes. It is a wonderfully written book which majorly consists of the authors personal life experiences and all sorts of the inferences are sucked from his life only. I was amazed with the simplicity of the book and in what way he's explained such complex things. The book uses very simple language which can be obvious to see and explains various situations that people all face in our life. The best thing about the novel Super Life Secret Codes is that it does not get preachy at any point of energy, that's a general trouble with a lot of the books on this genre.