Jim Has Been Employed at Fortis Services for Nearly 15

question 76

Multiple Choice

Jim has been employed at Fortis Services for nearly 15 years in the same job. He has been offered promotions, but he likes what he does. Which statement would imply that Jim is low on openness to experience?

• A)Jim is known for being unconventional and daring in his business plans.
• B)Jim is not conservative in his decision-making approaches.
• C)Jim often comes up with and implements radical ideas.
• D)Jim is not open to a wide range of stimuli.
• E)Jim does not have narrow, conservative interests.

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Definitions:

Net Present Value

A calculation used to determine the present value of a series of future cash flows minus the initial investment, often used in capital budgeting.

Return on Investment

A financial metric used to evaluate the efficiency of an investment, calculated by dividing the benefit (return) of an investment by the cost of the investment.

Present Value of An Annuity

The current worth of a series of future payments or receipts, discounted at a specific interest rate.

Net Present Value

A calculation that compares the value of a dollar today to the value of that same dollar in the future, taking inflation and returns into account to analyze the profitability of investments.