Programs That Focus on Identifying and Reducing Hidden Biases Against

question 11

Multiple Choice

Programs that focus on identifying and reducing hidden biases against people with differences and developing the skills needed to manage a varied workforce is known as

• A)ethnicity training.
• B)team training.
• C)group training.
• D)diversity training.
• E)orientation training.

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Definitions:

Allocation Efficient

A distribution of resources in which it is impossible to make any one individual better off without making at least one individual worse off.

Mutually Beneficial

A situation or agreement that provides advantages to all parties involved, ensuring that each gains from the interaction.

Transaction Costs

Expenses incurred when buying or selling a good or service, which can include fees, taxes, and other charges beyond the price of the product itself.

Complete Information

A state in which all participants in an economic transaction have full knowledge of the terms, conditions, and outcomes associated with the transaction.