In Order to Take a Step Toward Ensuring the Change

question 2

Multiple Choice

In order to take a step toward ensuring the change of stereotypical beliefs and attitudes, companies should _____.

• A)promote the glass ceiling
• B)avoid change agents
• C)stop social integration
• D)use diversity pairing
• E)discourage assimilation

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Definitions:

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of the operation and output increases.

Coordination Problems

Challenges that arise in aligning the plans and actions of multiple parties in order to achieve a common goal or optimize outcomes.

Economic Profit

is the excess of total revenue over the total costs, including both explicit and implicit costs.

Accounting Profit

Accounting profit is the net income a company reports on its financial statements, calculated as total revenues minus explicit costs and depreciation.