Examlex
If a company produces many different products, it will develop a standard cost for each type of product.
Ethnic Minority
A group within a larger society that is distinguished by racial, linguistic, or cultural heritage, often facing different treatment or discrimination.
Ethnic Majority
The sociocultural group within a society that holds the majority of power and influence, often setting societal norms and standards.
Group Identity
The sense of belonging to a specific social group, often accompanied by a strong emotional connection and adherence to group norms and values.
Stereotypes
Oversimplified generalizations about groups of people that may or may not reflect their actual characteristics or behaviors.
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