Norma and Joel Work in a Legal Firm

question 33

Multiple Choice

Norma and Joel work in a legal firm. They both are aware of a potential promotion coming up soon. In the last project they did, Joel put most of the paperwork on Norma, and she gladly took on the extra workload. However, when their boss was complimenting the project, Norma let Joel take the credit and acted as if they both did the same amount of work. This is an example of what advancement barrier for Norma?

• A) Gender stereotypes
• B) Work experience
• C) Developmental opportunities
• D) Self-promotion

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Definitions:

Contribution Margin

The amount remaining from sales revenue after variable expenses are deducted, indicating how much contributes to covering fixed costs and generating profit.

Variable Cost

Expenses that change in proportion to the volume of output or sales, including items like labor and materials.

Option To Wait

A choice or right, but not the obligation, to delay a business decision or investment, recognizing the value of flexibility in decision-making under uncertain conditions.

Discount Rate

The interest rate used to discount future cash flows to their present values, providing a measure of the time value of money.