Why Should Long-Run Objectives Take Precedence Over Short-Run Objectives

question 29

Multiple Choice

Why should long-run objectives take precedence over short-run objectives?

• A) The focus is placed on improving performance in the near term.
• B) Long-run objectives are necessary for achieving long-term performance and stand as a barrier to undue focus on short-term results.
• C) Long-run objectives will satisfy shareholder expectations for progress.
• D) Long-run objectives will force the company to deliver performance improvement in the current period.
• E) Long-run objectives will keep the company in line with its balanced scorecard.

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Definitions:

Rules Of Exponents

Mathematical guidelines for performing operations involving powers, including multiplication, division, and raising powers to powers.

Expression

A combination of symbols and operators that represent a value or concept.

Positive Exponents

Indicate how many times a number, the base, is to be multiplied by itself.

Expression

A combination of symbols that represent values or operations in mathematics.