Question

In: Accounting

Do you believe the optimistic or pessimistic scenario will come true and why?

Do you believe the optimistic or pessimistic scenario will come true and why?

Solutions

Expert Solution

Optimism in the real world refers to tendency to expect the best and see the best in everything that's happening around us. On the other hand, Pessimism is the tendency to expect the worst and see the worst in all things.

From the perspective of the business, every businessman need to follow a thought process having an optimistic approach. Its the right way that could be followed because the business man will stay motivated and work for the best of the company only if he expects to make good returns and to do the best possible business in the future. If the person is expecting all loses or bad business in the future, he won't be motivated enough to work hard for the company. This will indeed result in the overall negative performance of the company in the long run.

I personally believe that always optimistic scenarios have an upper hand when it comes to the real happeing of the same incident. Usually, if the businessman is optimistic, then he would be anticipating all possible outcomes and would plan for the best possible strategies to overcome all shortfalls. Hence the chances of a optimistic situation to come true has more possibility.  


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