Research Shows That Firms with Exceptional Performance Are Characterized By

question 12

Multiple Choice

Research shows that firms with exceptional performance are characterized by:

• A)Strict financial discipline
• B)Rigorous analysis and valuation
• C)A willingness to close or sell existing businesses
• D)All of the above

---

Definitions:

Utility

A measure of satisfaction, happiness, or benefit that an individual derives from consuming goods and services.

Risk Averter

An individual or entity that prefers outcomes with less risk and is likely to avoid uncertain prospects in favor of a sure thing.

Expected Value

The weighted average of all possible values of a random variable, considering the probabilities of each outcome.

Natural Log

The logarithm to the base e, where e is an irrational constant approximately equal to 2.71828, often used in mathematics, physics, and engineering.