The Theory That It Is the Values and Behaviours of the Poor

question 33

Multiple Choice

The theory that it is the values and behaviours of the poor that make them fundamentally different and prevent them from escaping continued long-term poverty is called:

• A) orientation.
• B) networking.
• C) stratification.
• D) structure.
• E) the culture of poverty.

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Definitions:

Lead Time

The amount of time that passes from the start of a process until its completion, often used in supply chain and project management.

Safety Stock

Additional inventory held to protect against uncertainties in demand or supply, ensuring product availability.

Shortage Per Cycle

The average amount of inventory deficit that occurs during a specific period due to discrepancies between supply and demand.

Stockouts

The situation when demand cannot be fulfilled due to insufficient inventory, leading to potential loss of sales and customer dissatisfaction.