________ Refers to the Conscious Experience of a Negative Discrepancy

question 1

Multiple Choice

________ refers to the conscious experience of a negative discrepancy between legitimate expectations and present actualities.

• A) Affirmative action
• B) Cultural assimilation
• C) Relative deprivation
• D) Xenocentrism

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Definitions:

Profit

The financial gain, typically the difference between the amount earned from selling goods or services and the costs of producing them.

Average Flow Time

The average time that it takes for a task, workpiece, or process to be completed in a system.

Cycle Inventory

The portion of inventory available to meet normal demand during an ordering cycle.

Demand

The quantity of a good or service that consumers are willing and able to purchase at a given price.