Focusing on a Firm's Short-Term Profits Without Considering the Company's

question 25

True/False

Focusing on a firm's short-term profits without considering the company's long-term needs may be acting unethically.

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Definitions:

Low Morale

A state of diminished enthusiasm, confidence, or discipline among members of a group, often impacting productivity and satisfaction.

Job Satisfaction

The level of contentment employees feel about their work, which can affect their performance and commitment.

High Morale Workplace

An environment where employees are highly motivated, exhibit positive attitudes, and demonstrate a strong sense of company loyalty.

Keeping Promises

The act of fulfilling a commitment or assurance one has made, crucial for building trust and reliability.