Examlex
Target costing adds a profit margin to estimated cost of production to determine the optimal price.
Majority-minority
A demographic term used when the combined minority populations surpass the number of the majority population.
Pluralistic
A condition or system in which two or more states, groups, principles, sources of authority, etc., coexist.
Minority Group
A social group that is systematically denied the same access to power and resources available to society’s dominant groups though its members are not necessarily fewer in number than the dominant groups.
Power
Denotes the capacity or ability to direct or influence the behavior of others or the course of events.
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