Which of the following is true of myopic behavior?
A) Increased spending on research and development is a possible example of myopic behavior.
B) Budgetary measures alone can prevent myopic behavior.
C) Short-term nonfinancial measures contain myopic behavior.
D) It occurs when a manager takes actions that improve budgetary performance in the short run but bring long-run harm to the firm.
E) Buying cheaper materials of the same quality to decrease the amount spent on raw materials results in myopic behavior.
Correct Answer:
Verified
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