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2 years ago

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

Business

1 answer:

Ostrovityanka [42]2 years ago

3 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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Bridgette is a managerial accountant at the Middle Peninsula Manufacturing Company. Recently, Bridgette received a Certified Ma

Anettt [7]

Answer:

B. Institute of Management Accountants (IMA)

Explanation:

B. Institute of Management Accountants (IMA)

The Institute of Management Accountants is an institute where individuals are taught courses in accounting, financial accounting, management accounting, business studies, economic laws etc. This institute prepares the person to have professional study of all the managerial accounting practices involving different fields of study. There are three basic stages, the first is the operational level, then the managerial level and the third is the strategic level. At each level a competitive exam is held to ensure the learning of accurate and high structured policies among emerging accounting managers.

It is a member of different international accounting bodies and firms .

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3 years ago

Which component of consumption has a negative or indirect relationship with consumption?

Sveta_85 [38]

Answer:

Interest rates

Explanation:

Here are the options to the question : o Interest rates o Real income Real income o Expected future income o Wealth

Disposable income is either saved or consumed. When interest rates fall, savings would fall as returns on investment would be lower and consumption would increase.When interest rates rise, savings would increase and consumption would fall

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2 years ago

When I was considering what to do with my $10,000 lottery winnings, my broker suggested that I invest half of it in gold, the va

77julia77 [94]

Answer: $20,478.78

Explanation:

In 14 years the investment will be,

Gold

10,000/2 = 5000

Then use the compound interest formula

5000 * (1+0.07)^ 14 = $12,892.67

For Certificates of Deposits.

Use the Compound interest formula

Rate and period are in years. Convert to semi annual basis.

3%/ 2 = 1.5%

14 * 2 = 28 periods

= 5000 ( 1+ 0.015) ^ 28

= $7,586.11

Add both

=$12,892.67 + $7,586.11

= $20,478.78

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3 years ago

In the short run, a monopolistically competitive firm continues to increase production _____ if it can at least cover its variab

tankabanditka [31]

Answer:

Until Marginal Revenue = Marginal Cost

Explanation:

In the short run, a monopolistic ally competitive firm continues to increase production until MR = MC if it can at least cover its variable cost. This is the profit maximizing condition. If firm is able to cover his variable costs in short run, he should continue production.

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2 years ago

You decide to buy a new car. You talk to friends about it, research mechanical specifications in Consumer Reports, test drive di

shepuryov [24]

Answer:

Shopping product

Explanation:

Shopping products refer to those products which require considerable time, efforts in research, discussions and opinions and which are not purchased frequently.

Such products are purchased after careful evaluation of all the alternatives available to an individual and after comparison of prices and offers.

Consumers in such cases take considerable time in arriving at the buying decision, whether to buy or not, or to delay such purchases. Such purchases require research and significant efforts on part of the consumer.

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3 years ago