Understanding Short-Term Oriented Cultures in Global Business

When you're studying for the Western Governors University (WGU) BUS2070 course on managing in a global business environment, it's vital to grasp the nuances of cultural orientations. One critical concept is the distinction between short-term and long-term orientations, especially as they pertain to business practices. So, let’s unpack what it means for a culture to be short-term oriented and why that matters in today’s dynamic business landscape.