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

question 39

True/False

Focusing on a firm's short-term profits without considering the company's long-term needs may lead to unethical actions.

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Definitions:

Compliance

The act of conforming to, obeying, or fulfilling a request, rule, or command.

Request

An expression of desire or need for something to be given or done, often directed towards someone who can fulfill that need.

Cultural Truism

A belief that is widely accepted within a culture, often without being questioned or critically examined.

Folkway

Folkways are normal societal conventions and customary behaviors that guide everyday interactions without the force of law.