To Be an Effective Active Listener, a Person Should Listen

question 84

True/False

To be an effective active listener, a person should listen only for content -- trying to hear exactly what is being said.

Recognize and calculate the impact of erosion when evaluating new projects.

Identify the role of taxation and depreciation in affecting project cash flow.

Understand the concept of net working capital and its importance in project evaluation.

Appreciate the role of opportunity costs in project analysis.

---

Definitions:

Thrift

The quality of using money and other resources carefully and not wastefully.

Milgram Studies

A series of social psychology experiments conducted by Stanley Milgram, demonstrating individuals' willingness to obey authority figures even when asked to perform actions conflicting with their personal conscience.

Social Comparison

Social comparison is the process of evaluating oneself against the standards and capabilities of others.

Immoral Tasks

Tasks or actions that are considered to be ethically wrong or not adhering to accepted moral standards.