Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Long-term planning aligns with sustainable growth and avoids future pitfalls.
B
Short-term gains are always more profitable than long-term strategies.
C
Stakeholders prefer immediate results over future benefits.
D
Long-term implications are often too uncertain to factor into decisions.
Understanding the Answer
Let's break down why this is correct
Answer
When a decision is made, thinking only about immediate profit can hurt the organization later, because it might ignore costs that will appear after the short‑term benefit ends. Long‑term thinking looks at how a choice will affect resources, reputation, and future opportunities, so it keeps the organization stable and able to grow. For example, a company that saves money by cutting quality now may lose customers and need costly repairs later, while a company that invests in better materials builds trust and saves money over time. By weighing future risks and rewards, leaders can choose actions that support lasting success rather than quick wins that may backfire.
Detailed Explanation
Planning for the future gives a company a clear direction that keeps it growing steadily. Other options are incorrect because Some think quick profits always win, but they can hurt the company later; People often think everyone wants instant results, but many care about lasting value.
Key Concepts
Strategic Decision-Making
Long-term Planning
Sustainable Growth
Topic
Strategic Decision-Making
Difficulty
hard level question
Cognitive Level
understand
Practice Similar Questions
Test your understanding with related questions
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Question 5Strategic decision-making is to long-term planning as tactical decision-making is to what?
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Question 6In strategic decision-making, it is crucial to evaluate ______________ to ensure the best course of action is selected for achieving organizational goals.
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Question 7Strategic decision-making is to long-term planning as tactical decision-making is to what?
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Question 8In strategic decision-making, why is it crucial to consider long-term implications over short-term gains?
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