Diversity Is Defined as the

question 7

Multiple Choice

Diversity is defined as the

• A) characteristics of individuals that shape their identities and the experiences they have in society.
• B) number of employees with different racial backgrounds in an organization.
• C) ratio of male to female employees in an organization.
• D) preconceived judgment about an individual or a group of people.

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Definitions:

Overhead

Refers to ongoing business expenses not directly tied to creating a product or service.

Variable Costs

Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor.

Book Value

The value of an asset according to its balance sheet account balance, calculated by subtracting the accumulated depreciation from the asset's original purchase cost.

Trading In

The act of giving a used item as part of the payment for a new item, often used in car sales.