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Alfred Schutz Described Three Basic Ways in Which Intersubjective Awareness

question 30

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Alfred Schutz described three basic ways in which intersubjective awareness of social reality is achieved by actors. These are:


Definitions:

Profits

The financial gain realized when the revenue from business activities exceeds the expenses and costs.

Financial Ratios

Calculations that compare important financial aspects of a business.

Equity

The value of an ownership interest in a business, after subtracting liabilities from assets.

Leverage

The use of borrowed capital for (an investment), expecting the profits made to be greater than the interest payable.

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