It Is Expensive and Risky to Change Vendors

question 32

True/False

It is expensive and risky to change vendors.

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Definitions:

Statistical Discrimination

Statistical discrimination happens when assumptions are made about individuals based on aggregate statistics or stereotypes rather than personal attributes.

On-The-Job Training

This is a form of education where employees learn and acquire skills while working at their job positions.

Discrimination Coefficient

A statistical measure in economics or social science indicating the degree to which a variable, such as price or income, discriminates or differentiates between individuals or groups.