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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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Taft Company had no beginning work in process inventory. Its total manufacturing costs for the year were $858,000. If cost of go

disa [49]

Answer: $192,000

Explanation:

Given that,

Total manufacturing costs = $858,000

Cost of goods manufactured = $666,000

Cost of goods sold = $503,000

WIP - work in progress

Cost of goods manufactured = Beginning work in progress + Total manufacturing costs - Ending work in progress

$666,000 = 0 + $858,000 - Ending work in progress

Ending work in progress = $858,000 - $666,000

= $192,000

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4 years ago

What is the longest period of time that a forbearance may be placed on your account at one time?

astraxan [27]

Answer:

The longest period of time that a forbearance may be placed on your account at one time is 12 months.

Explanation:

Forbearance is an option people have to postpone the payments of a student loan for a set period of time for reasons like: going back to school, a low salary, unemployment, or a disease. It is a temporary relief for someone that can't pay the loan for a specific situation they have.

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3 years ago

You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th

Ronch [10]

Answer:

you should accept the payments because they are worth $56,451.91 today

Explanation:

We have to determinate the present value of the proposed annuity of $641 per month over a ten year spawn

Then, the value of the annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 641.00

time 120 (12 months x 10 years)

rate 0.005416667

$641 \times \frac{1-(1+0.00541666666666667)^{-120} }{0.00541666666666667} = PV\\$

PV $56,451.9083

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4 years ago

____________the market school aruges that forward exchange rates do the best possible job for forecasting future spot exchange r

rjkz [21]

Answer:

Efficient market school.

Explanation:

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis that states that asset (share) prices reflect all information and it is very much impossible to consistently beat the market.

Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

Hence, according to the efficient market school it would be a waste of time investing in exchange rate forecasting services because all the information about an asset or security is already factored into their prices and as a result of the randomness of the market.

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3 years ago

Long-term investments include:_____.A. Investments in marketable bonds that are intended to be converted into cash in the short-

Law Incorporation [45]

Answer:

B. Investments that are not readily convertible to cash or not intended to be converted to cash in the short term

Explanation:

Long term investments are assets that a firm intends to hold onto for a period exceeding one year. They include projects, and investment vehicles are expected to generate revenue for several financial periods. Long term investments are characterized by a higher degree of risk in pursuit of greater rewards.

Examples of long term investments include bonds, stocks, plants and machinery, and real estate. Long term investments such as real estate and machinery are not easily disposed. Some are never disposed.

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3 years ago