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3 years ago

According to Wallach, what is short-termism, and why is it a problem?

Business

1 answer:

Salsk061 [2.6K]3 years ago

4 0

Answer:

short-termism

Is the acting upon short term vision of the needs and problems that must be addressed. It is a problem because the vision that is important is the Long path vision.

What is “longpath” and why did Wallach develop the concept?

Is a concept that combines long term vision and goal oriented. Wallach develop that concept as he did not find a term that frame what is intended in the long run that was goal oriented.

Briefly discuss each of the three ways of thinking that Wallach describes.

Transgenerational thinking: Thinking the impact of your actions in the future generations to come.

Futures thinking: The future is not related only with better technology but with how will human relationships, moral, art and feelings like compassion will evolve.

Telos thinking: This is an invitation to think having in mind what is the "ultimate aim" of our actions as little of they might be. It is important to raise the question: how this action that I am doing now will impact or change the future in 20,50 or 100 years to come.

How does Wallach relate the future to a part of speech?

Wallach make a link between Thomas Khun quote: “People don’t shift unless they have a vision of what it is they’re shifting to.” an Martin Luther King Speech of "I Have a Dream" he says that that speech is successful as it shows what is the vision of what a dream must looks like

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Valerie promised to buy Nicole's car for $2,000. Nicole drew up the contract providing that the exchange would occur the next we

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Answer:

That the mistake resulted from an accidental clerical error and that it would be unconscionable to enforce the contract.

Explanation:

Nicole mistake is a clerical error.

An error is said to be clerical if it's a mistake that changes the meaning of a document after.

Typographical error and unintentional addition or removal of a word, phrase, or figure in the document can count as clerical error.

Mistakes like this should be readily rectified without objection by the court acting sua sponte, on its own, or on the motion of either party.

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3 years ago

The art appreciation society operates a museum for the benefit and enjoyment of the community. During hours when the museum is o

Ksju [112]

Answer:

Deficiency:

There is no method for determining the exact number of members of the Art Appreciation Society that actually enter the museum every day. The person that allows them to enter is the same person that charges the entrance fee.

Recommendation:

Since there are two clerks, one should deal with paying patrons and the other one should be in charge of allowing non paying members of the Art Appreciation Society to enter the museum.

Deficiency:

There is no method that controls and documents the number of paying visitors.

Recommendation:

The simplest and cheapest way to solve this issue is to issue prenumbered tickets to paying visitors.

Deficiency:

There is a chance that the same clerk delivers the cash to the treasurer and goes to the bank to make the deposit. if this happens, there would be no control over the daily proceeds and the money deposited.

Recommendation:

One of the clerks should be in charge of delivering the daily proceeds to the treasurer, and the other one should be in charge of going to the bank with the treasurer. Probably the best alternative would be that the clerks change tasks every week, e.g. one week clerk 1 delivers the cash to the treasurer, next week clerk 2 should do it.

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3 years ago

6. How do the motivations of individuals, both inside and outside the organization or business, define the limits of financial g

Alex Ar [27]

<h3>The motivations of individuals, both inside and outside the organization or business, define the limits of financial globalization</h3>

There will be a continuous growth in the financial globalization that follows a definite pattern when firm's value is increased by the influential insiders of the corporations and also sovereign states.This will occur in contrast when the influential insiders follow their personal goals and work towards increasing their personal capital, influence, wealth and power then there will not be a growth in the financial globalization of the sovereign states and also corporations.

There three important elements such as global business, beliefs and actions taking by the management and also financial theory that plays a major role in determining the growth or the failure of the globalization financially across the countries and culture.

Explanation:

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3 years ago

In LPC theory, which factor reflects the extent to which the leader can assign work, reward and punish employees, and recommend

ZanzabumX [31]

Question options:

a. Task structure

b. Leader-member relations

c. Leader position power

d. Leader personality

e. Organizational structure

Answer:

c. Leader position power

Explanation:

The LPC(least preferred coworker scale) measures the extent to which a person is a relationship oriented leader or a task oriented leader.

A person with a high LPC is a leadership oriented leader while a person with low LPC is a task oriented leader. Therefore a leader with low LPC tends to be the type to severly assign,punish and reward employees based on performance alone.

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3 years ago

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Natasha2012 [34]

Answer:

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