A Major Purpose of Affirmative Action Programs Is to ________

question 21

Multiple Choice

A major purpose of affirmative action programs is to ________.

• A)correct past discriminatory practices
• B)make sure that members of the executive suite are culturally diverse
• C)develop cultural sensitivity among a wide variety of workers
• D)ensure that companies regularly conduct diversity training

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Definitions:

Days' Sales in Inventory

A financial metric that indicates the average number of days it takes for a company to turn its inventory into sales.

Erratic Changes in Costs

Sudden and unpredictable fluctuations in the cost of materials, labor, or other operational expenses.

Inventory Valuation

The method used to assess the cost or market value of inventories at hand for financial reporting purposes.

Cost of Goods Available for Sale

The total cost of goods produced or purchased and ready for sale during a specific period, including beginning inventory plus purchases or manufacturing costs.