Western firms tend to focus on relatively short-term profits and shorter planning horizons.

Question

Quizplus · Accepted Answer

This is a common critique of Western businesses, who are often criticized for prioritizing short-term profitability over long-term sustainability and impact. This emphasis on short-term thinking can lead to decisions that are focused on immediate gains rather than considering the potential long-term consequences or benefits.

Western Firms Tend to Focus on Relatively Short-Term Profits and Shorter