What Is a Stereotype

question 103

Multiple Choice

What is a stereotype?

• A)a simplistic overgeneralized belief about people or ideas
• B)a statistically based general statement about a group of people
• C)an exaggeration based on a personal experience
• D)a statement of personal preference or inclination

---

Definitions:

Contribution Margin

The amount by which a product's selling price exceeds its total variable costs, contributing to covering fixed costs and generating profit.

Production Constraint

A limitation or bottleneck in a manufacturing process that affects the overall output.

Contribution Margin Ratios

The proportion of sales revenue that remains after variable costs are subtracted, indicating how well a company can cover fixed costs and generate profits.

Constrained Resource

A factor within a production or operation process that limits the overall output, such as limited machinery, labor, or materials.