Which of the Following Statements About Stereotyping Is FALSE

question 12

Multiple Choice

Which of the following statements about stereotyping is FALSE?

• A)People can improve the perceptual process by preventing the activation of stereotypes.
• B)Stereotyping causes us to ignore or misinterpret behaviours that are inconsistent with the stereotype we assign to a person.
• C)Stereotypes do not accurately describe everyone assigned to that stereotype.
• D)Stereotypes generally have some inaccuracies.
• E)Stereotyping can potentially become the foundation for prejudice.

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Definitions:

Sunk Costs

Sunk costs refer to money already spent and permanently lost, which cannot be recovered and should not influence future financial decisions.

Opportunity Costs

A rephrased definition: The potential gains or benefits that are lost when choosing one alternative over another in decision-making.

Gross Margin

The difference between sales revenue and the cost of goods sold, expressed as a percentage of sales revenue.

Income Statement

A financial statement that shows a company’s revenues, expenses, and profits or losses over a specific period.