________ refers to the situation when managers focus on short-term earnings and profits at the expense of their longer-term strategic obligations.
A) Return on investment
B) Management audit
C) Balanced scorecard
D) Management myopia
E) Provincialism

Question

Quizplus · Accepted Answer

Management myopia is the term used when managers focus too much on short-term profits and ignore long-term strategic obligations. This can lead to a lack of investment in areas that are important for long-term growth and sustainability, which can ultimately be detrimental to the organization's success.

________ Refers to the Situation When Managers Focus on Short-Term