Barney Is an HR Manager and Would Like to See

question 44

Multiple Choice

Barney is an HR manager and would like to see a more diversified workforce at his company. He decides the best way to do this is to follow a plan that requires the company to employ a certain number of minorities and women. This plan is otherwise known as ________.

• A)affirmative action
• B)diverse affirmation
• C)employment at will
• D)workforce profiling

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Definitions:

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, typically seen as profit.

Tariff

A tax imposed by a government on goods and services imported from other countries, used to control trade balances, protect domestic industries, or generate revenue.

Consumer Surplus

The gap between the total price consumers are prepared and able to pay for a service or product and the amount they really pay.

World Price

The international market price of a product or commodity, influenced by global supply and demand conditions.