Question: When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address
must
Multiple Choice
align the shorterm goals of each employee with the longterm, overriding goals of the firm.
develop a shorterms solution to meet the long term needs of society
continue to adhere to all the legal standards set forth by the industry
evaluate its quarterly profit statement from an ethics standpoint.
cut back on staff and staff benefits to meet the firm's immediate, shorterm goals.
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