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The three different methods or paradigms for managing diversity are the discrimination and fairness paradigm, the access and legitimacy paradigm, and the learning and effectiveness paradigm.
Net Operating Income
The income yielded by a company's primary activities, not including costs or earnings from activities outside its main operations.
Variable Costing
A costing method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product cost.
Operating Results
The outcome of a company's core business activities, including revenue generation and expenses, over a specific period.
Fixed Cost
Costs that do not vary with the level of production or sales, remaining constant within a specific range of activity.
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