An Example of Putting the Short Term Considerations Ahead of the Long

question 35

Multiple Choice

An example of putting the short term considerations ahead of the long term planning is

• A) locking in a higher interest rate on debt when rates are expected to rise
• B) using more expensive but higher quality parts to manufacture a product
• C) reducing the warranty period from 1 year to six months to save money
• D) manufacturing large vehicles when gas prices are expected to rise
• E) increasing sales commissions for the sale of energy inefficent products

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Definitions:

Archaea

A domain of single-celled microorganisms that are genetically distinct from bacteria and eukaryotes, often found in extreme environments.

Kingdom

In biological taxonomy, a major category that classifies life forms into broad groups based on fundamental characteristics.

Dinoflagellate

Single-celled organisms with a mixotrophic lifestyle, part of the plankton community, known for producing red tides.

Choanoflagellates

Flagellated heterotrophic protists closely related to animals.