Managers are frequently criticized for focusing too much attention on the achievement of short-term goals. In your opinion, how much attention should be given to long-term versus short-term goals? In the event of a conflict, which should be given priority? Explain your answers.

Understanding Business
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ISBN:9781259929434
Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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7. Managers are frequently criticized for focusing too much attention on the achievement
of short-term goals. In your opinion, how much attention should be given to long-term
versus short-term goals? In the event of a conflict, which should be given priority?
Explain your answers.
Feb 4, 2022, 7:52 PM
17
!! 山
Transcribed Image Text:Title 1 Normal 1 No Spac... Heading 1 Heading 2 Styles Paragraph 7. Managers are frequently criticized for focusing too much attention on the achievement of short-term goals. In your opinion, how much attention should be given to long-term versus short-term goals? In the event of a conflict, which should be given priority? Explain your answers. Feb 4, 2022, 7:52 PM 17 !! 山
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In general terms, goals refer to the desired position that the organization intends to achieve in the near future. Long term goals are those ones that usually takes a lot of time to accomplish. On the other hand, short term goals can be achieved within a short span of time. 

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