Question: 7.11 Evaluate the following statement: Managers should not focus on the current stock value because doing so will lead to an overemphasis on short-term profits
7.11 Evaluate the following statement: Managers should not focus on the current stock value because doing so will lead to an overemphasis on short-term profits at the expense of long-term profits.
Write a short paper to evaluate the question. In the paper, explain whether it is better to take a long term view or short term view of a companys operations and results.
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