In Strategic Management,both the Short-Term and Long-Term Perspectives Need to Be

question 12

Multiple Choice

In strategic management,both the short-term and long-term perspectives need to be considered because

• A) shareholder value is only measured by short-term returns.
• B) shareholders only care about long-term returns.
• C) long-term vision precludes the analysis of present operating needs.
• D) the creative tension between the two forces managers to develop more successful strategy.

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Definitions:

Oppositional Defiant Disorder

A behavioral disorder characterized by a pattern of angry, defiant, and vindictive behavior toward authority figures, typically diagnosed in childhood.

Drug Tolerance

A physiological state where the effectiveness of a drug decreases as a result of repeated use, leading to a need for increased doses to achieve the same effect.

Economic Factors

Elements that influence the performance of economies, including inflation, employment levels, GDP growth, and interest rates.

Social Bias

Prejudice or unfounded judgment toward individuals or groups based on societal stereotypes.