Biology, asked by Anonymous, 1 year ago

Difference b/w long term perspective and short term perspective of management

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Answered by IAmK
1
Long term perspective of managing resources is also known as sustainable development, using the resources judicially so that the future generations to come can use them. Short term perspective is for one's own greeds. Nowadays most of the companies follow short term plans, using up all of the resources available at that time. By this, one can earn a lot of money but does not know that you are destroying their lifestyle.
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