Laura Was Hired as a Management Trainee by Simulex Corporation

question 228

Multiple Choice

Laura was hired as a management trainee by Simulex Corporation through a special program designed to "right past wrongs" by giving females and minorities greater opportunities for employment and advancement.The program is enforced by the law.Laura was hired through a(n) ____________ program.

• A)discrimination alleviation
• B)cultural diversity
• C)positive response
• D)employment equity

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Definitions:

Short-Term Debt

Financial obligations that are due for repayment within one year.

Current Liabilities

Obligations expected to require cash in less than one year, usually payables and accruals.

Temporary Working Capital

Additional working capital needed to support the fluctuating levels of business activity.

Cyclical Nature

Describes a pattern that repeats in cycles, often used in economics to describe the fluctuations in the economy over periods of expansions and recessions.