Why Is Discounting Important

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When it comes to looking at the future I think it is safe to say a lot of people in society typically look at the short end and look at the here and now. In order for us to survive in the future it is important that we start to invest more time into looking into the future. This is why discounting is an important tool that we can use to help guide us in what investments we should make. There are a lot of factors that can make discounting challenging to implement and a lot of factors can impact it, making results hard to obtain accurately, but it allows us to think as to what can happen if we do something now and what impact it will have.
Therefore it is important that individuals, corporations, and nations all start to look at the future impacts of their actions and to plan more. This can give them various profit opportunity as well as giving future generations a chance to sustain themselves in a way that they think is right with the tools that were given to them by the investments made today. As a result, in order to successfully create a sustainable entity, it is important to now only look at the now, but the future as well as the past and learning from previous mistakes, and …show more content…

In organizational functioning?
Behaviour can be impacted in a variety of ways. It can cause an individual to develop various nervous habits, such as nail biting or causing individuals to pick up other habits in order to help them psychotherapeutically. This can be seen with increases in smoking or drinking. Stress may also cause individuals to avoid situations or infoldments when certain scenarios may happen.
Organizational strain also exists. This can be seen with decrease participation or production, which leads to employees looking for other work outside of their current workplace. If employees do not care then they will care less for detail and may get hurt as a result. Therefore increasing costs for the company with their workplace

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