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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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AG Inc. made a $85,000 sale on account with the following terms: 1/15, n/30. If the company uses the net method to record sales

neonofarm [45]

Answer:

$84,150

Explanation:

Given that

Sale amount = $85,000

Terms = 1% discount is given it payment is made within 15 days and the total credit period allowed is 30 days

The computation of the amount of account receivable that should be recorded is shown below:

= Sale amount - sale amount × discount rate given

= $85,000 - $85,000 × 1%

= $85,000 - $850

= $84,150

Simply we deduct the discount period from the sales amount so that the accurate value could come

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2 years ago

Answer the question on the basis of the following information. Assume that if the interest rate that businesses must pay to borr

Kay [80]

Answer:

The answer is: C) Investment spending by businesses varies inversely with the interest rate.

Explanation:

This statement is true all the time. When a company evaluates the costs and benefits of an investment, interest rate plays a fundamental part in those calculations. The two basic reasons for that are:

The higher the interest rate a company (or any individual) has to pay for a loan, the harder it is for the company to repay the loan.
The interest rate a bank charges is usually correlated to the opportunity cost of an investment. The higher the interest rates banks charge, the higher the internal rate of return (which is used to calculate the Net Present Value of an investment) will be. This is because banks don´t print money, they take in deposits and then they loan the money the someone else. So if the interest rate the bank charges is high, usually the interest rates the bank pays for the deposits is also high. Instead of investing, a company might just put their money on the bank and earn a better return rate.

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2 years ago

Who wants to talk to me? (NO POLITICS) PLZ :(

vampirchik [111]

Answer:

if no politics why u put category as business xD

Explanation:

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2 years ago

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In a project schedule, which types of dependencies are most common?

ANTONII [103]

Finish to start dependency- This is the most common type of dependency in project management as well as real life.

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3 years ago

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Typically, the firms' lowest cost source of financing is ____________ as its cost is tax deductible and it also tends to offer t

Finger [1]

Answer:

Debt

Explanation:

Debt is the lowest cost source of financing because the interest return given to holders of debt has a tax shield (tax deductible) that is provided by the Section 11j of the Income tax Act.

The other sources of finance give a return in form of dividends. Dividends are are not tax deductible hence they attract a huge cost.

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2 years ago