It is often difficult for managers with a short-range orientation to fully appreciate that their rights and roles in the economic system are determined by society.

Question

Quizplus · Accepted Answer

Managers may only focus on achieving short-term goals without considering the impact of their actions on society. However, a company's rights and responsibilities are determined by the society in which it operates. This means that managers must consider the long-term impact of their decisions and actions on society and the environment.

It Is Often Difficult for Managers with a Short-Range Orientation