Which of the Following Refers to the Idea That Differences

question 18

Multiple Choice

Which of the following refers to the idea that differences exist among cultural systems, that different cultural systems can make as much sense as our own, and that we can learn to understand these different systems?

• A)ethnocentrism
• B)cultural relativity
• C)frames of reference
• D)cultural determinism

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Definitions:

Economic Order Quantity

The ideal order quantity a company should purchase to minimize its inventory costs including holding, shortage, and order costs.

Carrying Cost

This is the total cost of holding inventory, including storage, handling, insurance, and opportunity costs.

Fixed Cost

Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance.

Variable Cost

Costs that change in proportion to the good or service that a business produces.