Tangible Resources DO NOT Include

question 58

Multiple Choice

Tangible resources DO NOT include

• A) physical resources.
• B) financial resources.
• C) human assets.
• D) technological assets.
• E) organizational resources.

Develop the ability to prepare vertical analysis of income statements.

Understand key strategies proposed by economists to alleviate poverty.

Recognize how businesses contribute to poverty alleviation.

Identify characteristics and challenges faced by the poor.

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Definitions:

Framing

The process of presenting or constructing a concept, idea, or issue in a certain way to influence perception and judgment.

Representativeness Heuristic

A mental shortcut that involves judging the likelihood of an event or situation by comparing it to an existing prototype that already exists in our minds.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses.

Mental Sets

A tendency to solve problems using methods that have worked in the past rather than considering new approaches.