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Case 4.1
Bill is concerned about Tim's self-esteem.Tim's attitudes about himself have begun affecting his work.Tim is just consumed with the fear of failure.He keeps telling himself that he's a failure,there's no use trying,and he can't do any better.Bill says to Tim,"It's good that you know what you can and can't do;that helps you be more realistic about life.You just need to think of these matters in positive terms rather than hating yourself."
Bill manages Tim by telling him that he appreciates his hard work.Bill points out the things Tim does well and regularly explains to Tim that he expects great things of him.After a few weeks,Tim begins to perform more effectively and his fear of failure decreases.Bill further takes Tim "under his wing" and begins to advise him on professional behavior,gives him time to explain ideas and his concerns,and even becomes an advocate for Tim with Bill's boss.
-Refer to Case 4.1.Bill's taking Tim under his wing is an example of
Total Assets Turnover Ratio
A measure of a firm's efficiency in using its assets to generate sales, calculated by dividing sales by total assets.
Sales
Sales encompass the transactions where goods or services are exchanged for money, representing the revenue generated by a business.
Total Assets
Total assets represent the sum of all assets owned by a company, including both current and non-current assets.
ROE
A financial ratio expressing the profitability of a firm in relation to stockholders' equity, used to assess how efficiently a company uses investments to generate profit.
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