Sally Has Been in the Finance Department of Towsend's for the Past

question 37

Multiple Choice

Sally has been in the finance department of Towsend's for the past eight years and is the longest-serving employee in the department.Though she has the experience and the qualifications to become a manager,a male colleague who was not as qualified was promoted over her.Sally notices that all the management positions in the company are occupied by males,even though there are many well-qualified women in the organization.Which of the following describes the above situation?

• A)double burden
• B)white privilege
• C)gray ceiling
• D)levelling mechanism
• E)glass ceiling

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Definitions:

Marginal Cost

The expenditure required to produce an additional single unit of a product or service.

Total Revenue

The total amount of money generated by a business from selling its goods or services, calculated as the unit price multiplied by the quantity sold.

Competitive Industry

An industry where numerous producers are in competition with one another, leading to a situation where no single firm has significant market power, and prices are determined by overall supply and demand.

Marginal Revenue

Marginal Revenue is the increase in revenue resulting from the sale of one additional unit of a product or service.