Short-term profits may be at the expense of long-term profits if consideration is not given to the
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Short-term profits may be at the expense of long-term profits if consideration is not given to the environmental and social implications of that decision.
a How could a decision that is profitable now impact on the social aspects of a firm's operations and reduce long-term profitability?
b How could environmental risks from a decision that increases profits now reduce long-term profitability?
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Related Book For
Accounting Information For Business Decisions
ISBN: 9780170253703
2nd Edition
Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh, Geoff Slaughter, Sharelle Simmons
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