Final answer:
The statement is true; functional planning is short-term, detailed, and focuses on the day-to-day operations and specific functions within an organization.
Step-by-step explanation:
True or False: The short-range, detailed planning that focuses on current operations is called functional planning. The statement is true; functional planning is short-term, detailed, and focuses on the day-to-day operations and specific functions within an organization. This statement is true. Functional planning is short-term planning that deals with the day-to-day operations of a company. It is detailed and focuses on specific functions within an organization, such as marketing, finance, production, or human resources. This type of planning is essential for businesses to ensure that their current operations run smoothly and efficiently. It contrasts with strategic planning, which is long-term and focused on the overall direction and goals of an organization.