Managers' faulty thought processes that can lead companies to failure include
A)I must consult others for decision making.
B)e-commerce is expensive and difficult.
C)we must make a profit at any cost to survive.
D)I must weigh short-term costs and benefits more heavily than long-term costs and benefits.
E)it is important to consider the long-term effects of the decisions I make today.

Question

Quizplus · Accepted Answer

Weighing short-term costs and benefits more heavily than long-term costs and benefits can result in decisions that are not beneficial for the company in the long run, leading to failure. The other choices are either positive (consulting others, considering long-term effects) or inaccurate (e-commerce being expensive and difficult, making profit at any cost).

Managers' Faulty Thought Processes That Can Lead Companies to Failure