Asked by Robin Sparks on Apr 29, 2024
Verified
Financialization is a term used to describe the shareholder models' emphasis on short term profits rather than, say, the delivery of valued or needed goods and services.
Financialization
The increasing importance of financial markets, financial motives, financial institutions, and financial elites in the operation of the economy and its governing institutions.
Short Term Profits
Financial gains realized in a brief period, often prioritized over long-term sustainability.
- Identify the principle and consequences of incorporating financialization into corporate tactics.
Verified Answer
LP
Leywes PierreMay 03, 2024
Final Answer :
True
Explanation :
Financialization refers to the prioritization of financial activities and short-term profit maximization over other factors such as producing valuable goods and services.
Learning Objectives
- Identify the principle and consequences of incorporating financialization into corporate tactics.
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