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

question 27

Multiple Choice

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

• A)The 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)Long-run objectives will satisfy shareholder expectations for progress.
• D)Long-run objectives will force the company to deliver performance improvement in the current period.
• E)None of these are correct.

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Definitions:

Classical Conditioning

A teaching technique involving the connection between a stimulus from the surroundings and one that happens naturally.

US Immediately Follows CS

In classical conditioning, the unconditioned stimulus consistently and immediately follows the conditioned stimulus, establishing an association.

Predictive Signal

An indication or sign that precedes and suggests the probable occurrence of a future event or outcome.

Surprise

An emotional and cognitive response to unexpected events or information.