Long-Range Budget

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Long-Range Budget

A budget with a term usually longer than one year. A long-range budget involves more uncertainty than a short-term budget because, typically, market movements and the business cycle are more easily predictable in the short term. On the other hand, planning for the long-term is necessary in order to ensure sustainable profitability. Thus, while planning for the long term is necessary, one's plan must be flexible to account for the uncertainty inherent to it.
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Clair will be responsible for leading the company's 3rd party fulfillment and gift card fulfillment, including oversight of staffing development, operational and strategic planning; short and long range budget planning, and system processes from its Crystal Lake headquarters.
The figures are broken down to a pence-per-mile sum so that motorists can see at a glance which cars best suit their long range budget.
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