Which of the Following Statements Is Most Correct

question 27

Multiple Choice

Which of the following statements is most correct?

• A)Affirmative action programs require quotas to govern employment decisions.
• B)Affirmative action programs have eliminated discrimination in employment.
• C)Affirmative action programs are required in all organizations by law.
• D)Affirmative action programs involve efforts to recruit, hire, train, and promote qualified individuals from groups that have traditionally been discriminated against on the basis of race, gender, or other characteristics.
• E)Affirmative action programs have fallen out of favor because they have been proven to result in reverse discrimination against nonminorities who are the most qualified for the position.

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Definitions:

Net Loss

The amount by which total expenses exceed total revenues in a specific period, indicating a negative financial performance.

X-Inefficiency

The difference between efficient behavior of businesses theoretically assumed or envisaged and their observed behavior in reality due to a lack of competitive pressure.

Competitive Firms

Businesses operating in a market where they must compete with others for the same customers, without having significant control over market prices.

Monopolistic Firms

Companies that have the majority of market share within their industry, allowing them to affect pricing and market conditions.