A Person with High Tolerance for Ambiguity Has

question 23

Multiple Choice

A person with high tolerance for ambiguity has

• A)a high need for structure or control.
• B)a strong people orientation.
• C)an analytical mind.
• D)defensive avoidance tendencies.
• E)comfort with uncertain situations.

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Definitions:

EBIT

Earnings Before Interest and Taxes, a measure of a company's profitability that excludes interest and income tax expenses.

Degree of Financial Leverage

A measure of a company's use of borrowed funds to finance its operations, indicating the sensitivity of its earnings to fluctuations in operational income.

EPS

Earnings Per Share (EPS) is a financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock.

Operating Leverage Analysis

Examination of how fixed operating costs relate to profit levels, assessing the degree to which a firm can increase profits by increasing sales.