____________ Is the Knowledge of How Data and Information Are

question 41

Short Answer

____________ is the knowledge of how data and information are used by individuals, groups, and organizations.

Understand the legal accountability regarding unintentional discrimination in the workplace.

Recognize the concept of concentration and its implications in employment contexts.

Understand the benefits of developing external workforce profiles in employment equity planning.

Explore the nature and impact of hidden employment barriers.

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Definitions:

Gross Margin Ratio

A financial metric that demonstrates the proportion of revenue that exceeds the cost of goods sold, expressed as a percentage.

Net Sales

The total revenue from goods or services sold by a company, after deducting returns, allowances for damaged or missing goods, and discounts.

Cost of Goods Sold

The direct costs attributable to the production of the products sold by a company, including material and labor costs.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operational costs.