Keyton Tech, an information technology company, reduces its expenditure on research and development by a considerable amount because of the increasing pressure from its investors to increase profitability. From the given information, it is evident that Keyton Tech is gravitating toward _____.

Question

Quizplus · Accepted Answer

Keyton Tech's decision to cut research and development spending to boost short-term profits, despite potential long-term consequences, is indicative of short-termism. This approach prioritizes immediate financial performance over sustainable, long-term growth strategies.

Keyton Tech, an Information Technology Company, Reduces Its Expenditure on Research