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.

The word myopic literally means nearsighted, but in a figurative or business context, it means lacking foresight, narrow-minded, or focusing on immediate needs at the expense of the long term.

The sentence explicitly states that the decision *"sacrificed long-term stability to accommodate short-term gains"*, which directly matches the definition of shortsighted.

• (A) visionary: Refers to thinking about or planning the future with wisdom or imagination (opposite in meaning).

• (B) shortsighted: Directly synonymous with myopic in this context.

• (C) progressive: Favoring progress, change, or reform.

• (D) innovative: Introducing new ideas or creative methods.

Therefore, option (B) is the correct choice.