Return on Assets and Return on Equity Are Both Profitability

question 66

True/False

Return on assets and return on equity are both profitability ratios.

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Definitions:

Douglas McGregor

An American social psychologist who proposed the Theory X and Theory Y concepts in management, relating to two different views of how managers perceive workers' motivations.

Decision-making

The cognitive process of selecting a course of action from among multiple alternatives.

Job Autonomy

The degree of independence and discretion a worker has in determining how to perform their tasks.

Theory Y

Theory Y is a managerial assumption about employee motivation, proposing that workers are self-motivated, seek responsibility, and are creative problem solvers.