To Thinslice Means To

question 34

Multiple Choice

To thinslice means to:

• A) expend just enough effort to make a decision that's acceptable, but not necessarily the one that's "best."
• B) ignore most of the available information and instead notice a few salient cues to make a choice.
• C) change beliefs or actions as a reaction to real or imagined group pressure.
• D) repay debts and favors.
• E) jump on the bandwagon.

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Definitions:

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal.

ROA

Return on Assets, a financial ratio that shows the percentage of profit a company earns in relation to its overall resources.

ROE

Return On Equity; a measure of a corporation's profitability that reveals how much profit a company generates with the money shareholders have invested.

Operating ROA

A financial ratio that measures the efficiency of a company's operation by dividing its operating income by its total assets.