A Cost-Cutting Measure Used in Many Business Organization Is the Use

question 32

Short Answer

A cost-cutting measure used in many business organization is the use of a(n) ____________________ fund, whereby a custodian handles disbursements and documentation for small expenditures.

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Definitions:

Color-Blind Framework

An ideological perspective that dismisses racial differences and promotes the treatment of all individuals irrespective of their racial backgrounds, often critiqued for ignoring systemic racism.

80/20 Phenomenon

A principle often referred to as the Pareto Principle, which suggests that roughly 80% of effects come from 20% of the causes.

Color-Blind Ideological Framework

An ideology that proposes race should not and does not matter, often criticized for ignoring systemic racial injustices and inequalities.

Race-Conscious

Pertains to policies or practices that consider race as a factor in order to address racial disparities and promote equality.