According to Critics of the Five-Factor Model of Personality

question 1

Multiple Choice

According to critics of the five-factor model of personality,

• A) knowing how sociable a person is allows for a better prediction of behavior than knowing how extraverted that person is.
• B) researchers need to use factor analysis in order to determine the number of basic personality factors.
• C) although Extraversion is a basic personality factor, there is no evidence that Neuroticism is.
• D) factor analytic researchers should all use the same personality tests so that they can produce the same results.

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Definitions:

Initial Outlay

The upfront expenditure necessary to initiate a project or investment.

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The additional cash flow generated by a company as a result of a decision to undertake a new project or investment.

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The process by which a business evaluates and selects long-term investments that are worth more than the cash they cost.

Sunk Costs

Costs that have been incurred and cannot be recovered, not affecting future business decisions.