Functional Fixedness Involves Which of the Following

question 377

Multiple Choice

Functional fixedness involves which of the following?

• A)Inferring the probability of something by noticing how easy it is to call up in memory
• B)Failing to notice novel or creative uses of objects or procedures
• C)Solving a problem by reasoning from general theories to specific instances
• D)Using a general rule of thumb that is correct most of the time to solve problems

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Definitions:

DFL

Degree of Financial Leverage, a ratio that measures the sensitivity of a company's earnings per share to fluctuations in its operating income.

EPS

Earnings Per Share; a company's profit divided by the outstanding shares of its common stock, indicating company profitability on a per-share basis.

EBIT

Earnings Before Interest and Taxes, a measure of a firm's profitability that excludes interest and income tax expenses.

EBIT

A profitability metric that calculates a company's profits excluding interest and income tax expenses.