General Studies · Performance Management
In corporate performance management, what does the term 'short-termism' describe?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A specific management philosophy directly linked to Total Quality Management (TQM)
- 2Prioritizing short-term performance results at the expense of the organization's long-term prospects and sustainability✓
- 3The belief that senior management has an absolute duty to maximize quarterly profits
- 4A legitimate strategic focus on immediate short-term corporate deliverables
Correct answer
Prioritizing short-term performance results at the expense of the organization's long-term prospects and sustainability
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