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The CEO’s decision to downsize the workforce was considered myopic because it sacrificed long-term stability to accommodate short-term gains.
Select the most appropriate option that can replace the word “myopic” without changing the meaning of the sentence.
- visionary
- shortsighted
- progressive
- innovative
Correct answer: shortsighted
Solution
The term 'shortsighted' accurately reflects the idea of lacking foresight or considering only immediate benefits, which aligns with the criticism of the CEO's decision to prioritize short-term gains over long-term stability.
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