What Is a Common Criticism of the Big Five Approach

question 79

Multiple Choice

What is a common criticism of the Big Five approach to describing personality?​

• A)Each of these traits fluctuates greatly from time to time in most people.
• B)​The Big Five approach focuses too heavily on unconscious motivations.
• C)​The methods of measuring these traits take too much time and expensive equipment.
• D)​The Big Five approach omits several other important traits.

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Definitions:

Cost Structure

This refers to the types and relative proportions of fixed and variable costs that a business incurs.

Fixed Costs

are business expenses that remain the same regardless of the level of output or sales, such as rent, salaries, and loan payments.

Variable Costs

Costs that vary directly with the level of production output, including expenses like labor and material costs.

Operating Leverage

A financial ratio that measures the degree to which a company can increase operating income by increasing revenue, highlighting the impact of fixed costs.