Explicit Bias Refers to Perceptions and Reactions Outside of Our

question 8

True/False

Explicit bias refers to perceptions and reactions outside of our conscious control.

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Definitions:

Asset Investment

The use of funds to purchase property, securities, or other assets to generate returns or achieve strategic goals.

Operating Assets

Assets used in the day-to-day operations of a business to generate revenue, excluding investment and idle assets.

Controllable Margin

A measure of profitability that represents the amount of income over which managers have control, usually after direct costs have been deducted from revenues.

ROI

Return on Investment, a measure used to evaluate the financial performance of an investment by dividing the benefit (or return) of the investment by its cost.