Short-termism is defined as:
A) making assessments of the moral character of the company managers.
B) the tendency for managers to focus excessive attention on short-term performance objectives at the expense of longer-term strategic objectives.
C) assessing the costs and damage to the company's reputation as a result of ethical violations.
D) weighing the short-term costs of regulatory compliance with the long-term costs of noncompliance.
E) assessing the short-term costs of complying with government regulations.
Correct Answer:
Verified
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