Ethnic Groups ______

question 20

Multiple Choice

Ethnic groups ______.

• A)are persons bound together by the cultural ties of common origins
• B)is a term which conflict sociologists say can be used interchangeably with minority groups
• C)is a category excluding minorities of color
• D)is a category primarily emphasizing biological or physiological differences

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Definitions:

Safety Inventory

Extra inventory held to protect against unpredictability in demand or supply, ensuring product availability.

Supply Uncertainty

The unpredictability associated with the availability of products or materials necessary for production.

Product Availability

The extent to which a good or service is available for purchase at any given time.

Product Differentiation

Strategies businesses use to make their products stand out from competitors' by highlighting unique features or benefits.