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.
Answer
(B)
Explanation
The decision is criticised for chasing short-term gains at the cost of long-term stability, so “myopic” is used here in the sense of “unable to look ahead”. Shortsighted says exactly this. Visionary and progressive describe people who plan for the future, the reverse of the intended meaning, and innovative is about novelty, not foresight.
Answer: B