Cards (4)

  • definition of long termism ?
    Focuses on achieving sustained growth and success over an extended period
  • Characteristics of long termism?
    Emphasis on building strong foundations for future growth such as employee training and sustainable practices
    Decisions are made with a view towards long term benefits rather than immediate gains
  • Advantages of long termism?
    Can lead to sustained growth and a strong market position
    Helps build brand loyalty and employee satisfaction
  • Disadvantages of long termism?
    May involve significant upfront costs with delayed returns
    Can be challenging to maintain , especially in a market that demands quick results