When managers overlook or stifle the importance of core values in their business decisions, this is known as

Question

Quizplus · Accepted Answer

Normative myopia refers to the situation where managers focus only on short-term gains and overlook the importance of core values in their decision-making process. This can lead to negative consequences in the long run, such as damage to the company's reputation and loss of customer trust.

When Managers Overlook or Stifle the Importance of Core Values