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Emily,a Custom Homebuilder,observes That the Last Year's Sales Were $1,500,000

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Emily,a custom homebuilder,observes that the last year's sales were $1,500,000 and the sales growth rate for the past several years has been averaging 10 percent.On that basis,Emily predicts that this year's sales should be $1,650,000.Emily is using the method of trend analysis for forecasting sales.


Definitions:

Xenocentrism

The preference for the products, styles, or ideas of someone else's culture over one's own.

Ethnicity

Refers to the ethnic composition of a group or organization.

Pluralism

Refers to a societal structure that allows and encourages multiple groups, cultures, or identities to coexist and have influence.

Diversity Management

Places a much heavier emphasis on recognizing and appreciating differences among people at work and attempting to provide accommodations for those differences to the extent that is feasible and possible.

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