General Studies · Performance Management
What is meant by the term 'short-termism' in management?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It is when managers' performance is measured on long-term results
- 2It is when there is a bias towards short-term rather than long-term performance✓
- 3It is when organisations sacrifice short-term objectives
- 4It is when non-financial performance indicators are used for measurement
Correct answer
It is when there is a bias towards short-term rather than long-term performance
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