Ethnocentrism Means That People Are Predisposed to Believe That Their

question 3

True/False

Ethnocentrism means that people are predisposed to believe that their race is inferior to others.

---

Definitions:

Theory of Constraints

A management philosophy focusing on identifying and managing the most limiting factor (constraint) that stands in the way of achieving a goal.

Bottlenecks

Points of congestion in a production system where the workload arrives too quickly for the production process to handle, often leading to delays and lower efficiency.

Strategy

A plan of action designed to achieve a long-term or overall aim.

Total Cost Concept

An accounting approach that includes all costs - direct and indirect - associated with producing a good or service.