Trying to Maximize Short-Run Return on Investment May Not Be

question 145

True/False

Trying to maximize short-run return on investment may not be good in the long run.

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Definitions:

Enhance Profits

Strategies or actions taken by a business to increase its net earnings.

Imitation

The act of copying or mimicking the features, designs, or actions of another product, service, or behavior, often with the intention of capturing value or recognition.

Technological Advances

Improvements in technology, which typically lead to more efficient production processes, new products, or improved ways to perform tasks.

Diffusion

The process through which new ideas, products, or practices spread within a population or society.