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. 

A.

visionary

B.

shortsighted

C.

progressive

D.

innovative

Solution:

The CEO’s decision to downsize the workforce was considered myopic because it sacrificed long-term stability to accommodate short-term gains.

Understanding the Meaning of "Myopic":
"Myopic" means "shortsighted" (lacking foresight, focusing only on short-term benefits instead of long-term consequences).

Option Analysis:
(a) Visionary – (Opposite of myopic; a visionary person thinks about the future.)
(b) Shortsighted – (Same meaning as myopic, making it the correct choice.)