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Which of the following is true of myopic behavior? Group of answer choices Increased spending on research and development is a possible example of myopic
Which of the following is true of myopic behavior? Group of answer choices Increased spending on research and development is a possible example of myopic behavior. Strict budgetary measures alone can prevent myopic behavior. Short-term nonfinancial measures do not affect the occurrence of myopic behavior. It occurs when a manager takes actions that improve budgetary performance in the short run but bring long-run harm to the firm. Buying cheaper materials of the same quality to ensure a decrease in the raw materials costs results in myopic behavior
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