Expert Analysts Resources (EAR) Has Provided You with the Following

question 41

Multiple Choice

Expert Analysts Resources (EAR) has provided you with the following information about three companies you are currently evaluating: $\begin{array}{lcc}&\text { Degree of Operating}&\text { Degree of Financial}\\\underline{\text { Company } }&\underline{ \text { Leverage (DOL) } }& \underline{\text { Leverage (DFL) }}\\\text { Acme } & 1.5 \times & 6.0 \times \\\text { Apex } & 3.0 \times & 4.0 \times \\\text { Alps } & 5.0 \times & 2.0 \times\end{array}$

According to this information, which firm would be considered riskiest?

• A)Acme, because its DFL equals 6.0, which is the highest leverage associated with any of the three firms.
• B)Acme, because its degree of total leverage (DTL) is almost equal to 10×.
• C)Apex, because it has the highest degree of total (DTL).
• D)Alps, because it has the highest DOL.
• E)Acme, because is has the lowest DOL.

Comprehend the significance of various institutions in shaping modernity according to different sociologists.

Recognize Ulrich Beck’s theory on the entwinement of nature and society and the concept of reflexive modernity.

Identify the impacts and consequences of modernity as described by sociologists like Anthony Giddens and Zygmunt Bauman.

Understand the role of information technology in modernity according to Manuel Castells.

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Definitions:

Procedural Justice

The perceived fairness of the processes and methods used to make decisions and resolve disputes.

Decision-Making Process

A systematic approach involving the identification of a decision to be made, gathering information, assessing alternative resolutions, and choosing among them.

Diversity

The inclusion of individuals with a variety of characteristics, such as cultural background, ethnicity, gender, and skills, within a group or organization.

Multicultural Workforce

A labor force comprising employees from various cultural backgrounds, enhancing diversity in the workplace.