Return on Assets (ROA)measures a Firm's Ability to Utilize Its

question 54

True/False

Return on Assets (ROA)measures a firm's ability to utilize its assets without regard to the sources of capital that fund those assets. The return on equity can bias the results by the degree to which the company leverages itself (uses debt).

Understand the advantages and disadvantages of using heuristics in decision making.

Acknowledge the impact of cognitive biases and heuristics on perception and choice.

Differentiate between algorithms and heuristics and their use in cognitive processes.

Describe the concept of insight in problem-solving and its sudden occurrence.

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Definitions:

Automatic

Processes or behaviors that occur with little or no conscious awareness or control, often as a result of learning and repetition.

Creatively

In a manner involving the use of the imagination or original ideas to create something; inventively.

Priming

A psychological technique that involves the subconscious activation of certain associations, influencing behavior and perceptions.

Retrieval

The process of getting information out of memory storage.