Programs That Focus on Identifying and Reducing Hidden Biases Against

question 48

Multiple Choice

Programs that focus on identifying and reducing hidden biases against people with differences and developing the skills needed to manage a heterogeneous workforce is known as:

• A) ethnicity training.
• B) team training.
• C) group training.
• D) diversity training.
• E) needs training.

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Definitions:

Annuity

An investment vehicle that provides a consistent series of payments to a person, mainly serving as a source of income for those who have retired.

Compound Interest

Interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

Present Value

The assessed present-day value of money to be received in the future or a pattern of cash inflows, factoring in an established rate of return.

Effective Rate

is the actual interest rate that an investment earns or a loan incurs, including the effects of compounding over a given period.