Which Government Policy Is Based on the Assumption That Organizations

question 49

Multiple Choice

Which government policy is based on the assumption that organizations will not change discriminatory practices unless they are forced to do so?

• A)striving
• B)affirmative action
• C)desegregation
• D)equal opportunity employment

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Definitions:

Profit-Maximizes

The strategy or aim of a firm to adjust its production and operational parameters to achieve the highest possible profits.

Profit-Maximizing Quantity

The level of production at which a firm achieves the maximum possible profit, where marginal revenue equals marginal cost.

Minimized Cost

The lowest possible expense at which a company can produce a product without sacrificing the quality or quantity of the product.

Profit or Loss

The financial result of business operations, calculated as the difference between revenue and expenses, indicating the financial health of the business.