In a 2003 Case Involving Admissions Practices at the University

question 178

Multiple Choice

In a 2003 case involving admissions practices at the University of Michigan law school, the Supreme Court upheld a policy that used race as a

• A) numerical goal.
• B) fixed quota.
• C) plus factor.
• D) substitute measure.
• E) policy marker.

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Definitions:

Liquidity

The ability of an asset to be converted into cash quickly and without any significant loss in value.

Cyclical Activities

Economic or business activities that are affected by the ups and downs of the economy, showing a tendency to rise and fall in response to economic cycles.

Cash Surpluses

Refers to the amount of cash that exceeds the cash needed to fund immediate expenses and operational activities.

BAT Model

The Behavior, Attitude, Technique (BAT) Model is a framework used for improving sales effectiveness and training by focusing on the behavior, attitude, and techniques of sales personnel.