Diversity Management Differs from Affirmative Action in That Affirmative Action

question 1

Multiple Choice

Diversity management differs from affirmative action in that affirmative action is:

• A)based on law and moral imperative
• B)proactive
• C)inclusive
• D)focused on building diverse teams

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Definitions:

Price Taker

A market participant who has no influence over the market price and must accept the prevailing market price for its products or services.

Price Maker

An entity, typically a firm, with enough market power to influence or set the price of its product or service rather than taking the market price as given.

Average Revenue

The amount of income generated per unit of sale, calculated by dividing total revenue by the number of units sold.