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:

Situational Loss

A type of grief or emotional turmoil experienced as a result of a specific event, such as losing a job or a relationship ending.

Babysitting Assistance

A service or support system provided to help take care of children temporarily in the absence of their primary caregivers.

Church Community

A social and religious group of people who share the same faith and gather in a church for worship.

Hopelessness

A feeling or state of despair in which an individual perceives little or no possibility of positive outcomes in a situation.