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

question 4

Multiple Choice

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

• A) 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) This will satisfy shareholder expectations for progress.
• D) This will force the company to deliver performance improvement in the current period.
• E) None of these.

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Definitions:

PTSD

Post-Traumatic Stress Disorder, a mental health condition triggered by experiencing or witnessing a terrifying event.

Traumatic Incident

An event or situation that causes psychological trauma, potentially resulting in lasting emotional distress and mental health disorders.

PTSD

Post-Traumatic Stress Disorder; a mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.

Exposure And Response Prevention

A cognitive-behavioral therapy technique used particularly for OCD, where patients are exposed to their fear triggers and taught to refrain from their compulsive responses.