As top level managers get older they are less likely to take risks and are not as concerned about short term gratification.

Name: As top level managers get older they are less likely to take risks and are not as concerned about short term gratification.
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Research suggests that as individuals age, they become less willing to take risks and are more interested in long-term benefits over short-term gratification. This trend is evident among top-level managers as well.

As Top Level Managers Get Older They Are Less Likely