Evaluate the following statement: Managers should not focus on the current stock value because doing so will lead to overemphasis on short-term profits at the expense of long-term profits. Your post should be 200-250 words in length. -In your post, explain what is meant by this statement. -Describe how management might decide whether to focus on short term or long term goals and how that decision impacts the organization. -Using the financial balance sheet , compute an example of how focusing on short term profits can be detrimental to long term profits. -Share your opinion regarding whether you feel it’s a better option to focus on short term or long term goals. Use evidence from the text or external sources to support your position.
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