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The Bystander Effect Refers to the Tendency of People Who

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The bystander effect refers to the tendency of people who are bystanders to an accident or crime has a tendency to become involved and offer help or other kinds of aid.

Recognize the advantages and disadvantages of using secondary data.
Identify different methods of data collection for primary data.
Distinguish between internal and external secondary data.
Understand how observational data are collected and their usage.

Definitions:

Book Value

The net value of a company's assets minus its liabilities, often used to assess a company's worth from a financial statement perspective.

Capital Accounts

Financial records that show the capital contributions, withdrawals, and earnings of owners in a company.

Cost of Capital

The rate of return a company must offer investors to entice them to invest, reflecting the risk of the investment alongside the return.

IRR

An economic indicator, the Internal Rate of Return is utilized to assess the possible profitability of investment opportunities.

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