The fact that Phil's decisions are usually focused on short-term benefits and costs rather than that of long-term is an example of _____.
A) maximizing
B) illusion of control
C) vigilant decision making
D) satisficing
E) discounting the future

Question

Quizplus · Accepted Answer

Often decision makers discount the future.That is,in their evaluation of alternatives,they weigh short-term costs and benefits more heavily than longer-term costs and benefits.

The Fact That Phil's Decisions Are Usually Focused on Short-Term