The company said it was also particularly disappointed with the sales of Xbox in Japan, but insisted that it would take a long-term orientation to that market.
In particular, societies with a long-term orientation display greater support towards climate change policies.
Also, we want a long-term orientation; active traders, especially amateurs, tend to get killed on transaction costs.
Secondly, these conservative positions suggest that they have a tendency towards a long-term orientation that avoids risk-taking (Dess et al. 2011).
In societies with a long-term orientation, people believe that truth depends very much on the situation, the context and time.
Relationships based on a long-term orientation allow new ventures to sacrifice short-term gains in favor of long-run profitability and maintenance of the relationship, long-term goals and long-run concessions (Ganesan, 1994).
For FR this means first and foremost to switch to a long-term orientation itself, to pursue (or: investigate) issues for a considerably long time and not switching from one topic to the next.
"We said at the outset that the degree of difficulty is high and success is going to require an expert's knowledge, a beginner's mind, and a long-term orientation," said Jeff Bezos, founder and CEO of Amazon, in a statement.
It's easy to talk about the virtues of buy-and-hold or a long-term orientation when the market is rising, or at least stable, but the downturns we saw recently are hard to ignore, especially for investors approaching a period of cash needs for college tuition, retirement or other plans.
Have a long-term orientation toward the future.
