A Major Advantage of Personality Psychology Is That It Focuses

question 38

Multiple Choice

A major advantage of personality psychology is that it focuses on the whole person and real-life concerns, yet this can often lead to overinclusive and unfocused research. Which of the following is a major theme of your textbook that speaks to this conflict?

• A) The personality puzzle will never be solved.
• B) The One Big Theory (OBT) can account for everything in personality.
• C) Great strengths are usually great weaknesses.
• D) A single basic approach must be chosen on the basis of rigorous data analysis.

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Definitions:

Discounted Present Value

Discounted present value is a financial calculation that determines the current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Financial Attribute

Characteristics or information pertaining to financial entities, transactions, or instruments that can be measured or identified, such as price, yield, risk, or returns.

Dividends

Payments made by a corporation to its shareholder members, usually derived from profits.

Risk-Adjusted

A process or methodology that adjusts for the risk involved in a project or investment, allowing for more accurate comparisons or evaluations.