Inventories Help Manufacturers Cope with Unexpected Changes in the Supply

question 47

True/False

Inventories help manufacturers cope with unexpected changes in the supply of their resources or in the demand for their products.

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Definitions:

BFOQs

Bona Fide Occupational Qualifications - employment qualifications that employers are allowed to consider while making decisions about hiring and retention of employees.

Griggs v. Duke Power

A landmark U.S. Supreme Court case that established the principle of disparate impact in employment discrimination law, requiring employers to justify the necessity of job qualifications.

BFOQ Defense

Bona Fide Occupational Qualification Defense, a legal principle allowing discrimination in hiring if it is reasonably necessary to the normal operation of that particular business.

Prima Facie

A legal term indicating that upon initial examination, there is sufficient evidence to prove a case unless disproved by opposing evidence.