Step-by-step explanation:
Short-termism:
- Holding asset for short period which can be 1 year or less than that
- Excessive focus for a short period
- Less concentrated on creation of values for long-term
- Short-termism are too much costly and thus can lead to market failure
- It can even decline the economy of a country
- Creates more pressure on the investors
- Many are against short-termism with which we cannot achieve organizational goal and sustained gains.
Rather long-term focus on "long-term gains".