One of the Most Common Reasons That People Fail to Advance

question 15

Multiple Choice

One of the most common reasons that people fail to advance in their careers or are let go from their jobs is:

• A) lack of technical skills.
• B) lack of critical-thinking skills.
• C) the inability to get along with others.
• D) the failure to be productive.

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Definitions:

Expected Value

In statistics and probability theory, the average result of a random variable, computed as the weighted average of all possible values.

Expected Utility

A theory in economics that assesses options under uncertainty, predicting choices that maximize utility based on expected outcomes.

Marginal Utility

The added satisfaction that a consumer gains from consuming one more unit of a good or service.

Risk-averse

A characteristic of individuals or entities that prefer to avoid risk in investment choices, opting for safer, less uncertain options.