The Myers-Briggs Type Indicator (MBTI) is a popular personality assessment tool that categorizes individuals into sixteen different personality types based on their preferences in four dichotomies: Extraversion (E) vs. Introversion (I), Sensing (S) vs. Intuition (N), Thinking (T) vs. Feeling (F), and Judging (J) vs. Perceiving (P). Each type has its unique strengths and weaknesses, and it's essential to understand and respect the diversity of individuals regardless of their type. Embracing and appreciating differences can lead to more effective communication and collaboration among people with various personalities.