Chapter 2 and 4 definitions (SUStainable)

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CCE 102

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45 Terms

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Arena (Johari Window)

Known to others and to self

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Blind Spot (Johari Window)

Known to others but not to self

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Facade (Johari Window)

Known to self but not to others

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Unknown (Johari Window)

Known to neither self nor others

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Judging (MBTI Personality type)

I prefer to have a well-thought out structured plan for meeting the demands of college life...

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Introversion (MBTI Personality type)

I always feel refreshed after spending some quiet reflective time alone...

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Thinking (MBTI Personality type)

I like to make decisions with an objective view, and focus on being firm but fair...

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Perceiving (MBTI Personality type)

College life is better when I can take a spontaneous approach to planning my daily schedule...

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Extraversion (MBTI Personality type)

I always feel energized after hanging out with so many people at a party...

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Intuition (MBTI Personality type)

I can often see the big picture, even though I don't always understand the details...

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Feeling (MBTI Personality type)

It is easier to make good decisions when I focus on being merciful and understanding...

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Sensing (MBTI Personality type)

I tend to gather information in a very linear manner, and rarely stray from that approach...

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Conflicts of interest

Having an unfair connection with someone involved in a transaction

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Dissemblance

Choosing to hide the truth from others in order to achieve a goal

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Skirting the rules

You could keep a rule for a worse outcome or bend it to achieve some good

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Unfair advantage

Treating one person or company differently than another

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intervention

The act of intervening to address an issue.

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loyalty

A strong feeling of support or allegiance.

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Social norm

A behavior that is considered acceptable in a group.

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Moral

A principle concerning the distinction between right and wrong.

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Ethic

A set of principles of right conduct.

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MACRS declining balance method

A method of depreciation that allows for larger deductions in the earlier years of an asset's life.

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straight-line depreciation method

A method of depreciation where the asset's cost is evenly spread over its useful life.

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NPV

The sum of all cash flows, converted into present values.

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IRR

The discount rate at which NPV is zero.

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ROI

The ratio of the return relative to the amount invested.

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MARR

The interest rate at which a company can borrow money.

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B/C

The ratio of present earnings to present investments.

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P

The value of a cash flow in the present.

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F

The value of a cash flow in the future.

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i

The value by which a cash flow should be discounted per period.

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i

The cost of borrowing money expressed as a percentage.

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Inflation

The rate at which the general level of prices for goods and services is rising.

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Risk

The potential for loss or gain in an investment.

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Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen.

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Salvage Value

The estimated residual value of an asset at the end of its useful life

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Recovery Period

The time it takes for an investment to generate an amount equal to the cost of the investment.

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A

The value of a cash flow as a regular uniform payment or earning.

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n

The number of periods in which to consider a cash flow.

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G

The value of a cash flow as a uniformly increasing payment or earning.

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Present Value Calculation

The current worth of a cash flow projected to occur in the future, discounted at a specific rate

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Criteria Weights

The assigned importance of each evaluation criterion, with higher numbers indicating better options.

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Evaluation Matrix

A table that displays the scores of different projects based on various criteria.

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Discount Rate

The interest rate used to discount future cash flows to their present value.

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Long-term Benefits

The annual benefits expected from an investment over a specified period.