When the Dominant Group in a Country Develops a Way

question 28

Multiple Choice

When the dominant group in a country develops a way of seeing the world by creating a set of beliefs about what is normal and appropriate that often subconsciously limits their life choices and chances but maintains the status quo in the society, this is known as:

• A) mind-set.
• B) hegemony.
• C) framing.
• D) coercion.
• E) agency.

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Definitions:

Credit Sales

Sales where the payment is not received at the time of sale but is promised to be paid at a later date.

Cash Expected

The amount of money a business anticipates receiving over a specified period, often used in budgeting and planning.

Minimum Cash Balance

The lowest amount of cash that a company aims to hold in its accounts to ensure financial stability and meet its operational needs.

Cash Budget

A financial plan that projects future cash flow by estimating incoming cash receipts and outgoing cash payments.