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Mr.Lopez, a 40-year-old recent immigrant to Canada, is learning to speak English.He applies for a job and is given a test.His score is compared to other test takers who are mostly college graduates whose native language is English.Mr.Lopez thinks this is unfair.What kind of problem does this situation illustrate?
Net Present Value
A financial metric that calculates the current value of all future cash flows of an investment, minus the initial investment cost.
Future Cash Receipts
Money expected to be received by a business or an individual in the future from transactions or agreements.
Bottleneck
A point of congestion in a production system where the demand outpaces the production capacity, leading to delays and reduced throughput.
Cross-Trained Employees
Individuals within an organization who have been trained in multiple skills or tasks, allowing them to perform a variety of roles as needed.
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