A University Uses an Admissions Policy That Gives Special Consideration

question 52

Multiple Choice

A university uses an admissions policy that gives special consideration to traditionally disadvantaged groups to overcome the present effects of past discrimination. The university is applying which of the following?

• A) Affirmative action
• B) Legislative mandate
• C) Civil liberties
• D) Strict scrutiny
• E) White primaries

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Definitions:

Net Operating Income

The profit generated from a company's ordinary, day-to-day business operations, calculated by subtracting operating expenses from gross profit.

Contribution Approach

A method of income statement presentation where variable costs are deducted from sales to find the contribution margin.

Expected Cost

An estimate of the cost associated with a project or production, taking into account various factors like labor, materials, and overhead.

Sell

To sell involves the exchange of a product or service for money, constituting a basic economic transaction between a provider and a receiver.