Which of the Following Best Explains Why the Wealth Gap

question 29

Multiple Choice

Which of the following best explains why the wealth gap is greater than the income gap between blacks and whites?

• A) A culture of poverty among African Americans discourages achievement and saving money.
• B) The legacy of discrimination provided little or no opportunity to accumulate wealth.
• C) The African American family is "disorganized."
• D) all of the above
• E) none of the above; there is no wealth gap

---

Definitions:

Managerial Levers

The tools or mechanisms that managers can use to control, influence, or adjust processes in pursuit of organizational objectives.

Large Lots

A production or purchasing strategy focusing on creating or buying goods in bulk quantities to benefit from economies of scale, despite the risk of increased inventory holding costs.

Multi-echelon Supply Chain

A complex supply chain consisting of multiple levels of suppliers, manufacturers, and distribution centers working in coordination to produce and deliver products.

Successful Characteristics

Encompasses the traits or attributes that contribute to the effectiveness, efficiency, and achievement of goals by individuals, organizations, or processes.