Corporate Influences (Edexcel A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What timeframe typically characterises long-term strategic business decisions?
What timeframe typically characterises long-term strategic business decisions?
5 years or more
What does short-termism prioritise in business?
What does short-termism prioritise in business?
Immediate results over sustainability
What is asset stripping?
What is asset stripping?
Buying firms, selling profitable parts
How does short-termism affect competitive advantage?
How does short-termism affect competitive advantage?
Damages it through underinvestment
Which stage is most critical in evidence-based decision making?
Which stage is most critical in evidence-based decision making?
Making the decision
What problem can excessive data analysis cause?
What problem can excessive data analysis cause?
Analysis paralysis
When is subjective decision making appropriate?
When is subjective decision making appropriate?
When reliable info is unavailable
What does long-termism prioritise regarding staff?
What does long-termism prioritise regarding staff?
Investment in human capital
How has average share holding period changed on the NYSE?
How has average share holding period changed on the NYSE?
Dropped from 6 years to 6 months
Why do short-termist companies avoid R&D investment?
Why do short-termist companies avoid R&D investment?
Returns are uncertain & take years