The tendency to judge all other groups according to the standards of one's own group is called what?
A) Stereotyping
B) Discrimination
C) Bias
D) Culture
E) Ethnocentrism
Answer: E
Explanation: E) Ethnocentrism is the tendency to judge all other groups according to the standards, behaviors, and customs of one's own group. When making such comparisons, people often decide that their own group is superior.
You might also like to view...
An example of an intangible resource is ______.
A. Jantix Corporation has a reputation of having high quality customer service B. Jantix has a large and easily accessible inventory of products C. Jantix owns the largest production facility in Montana D. Jantix employs the second largest number of employees in Montana
Limited warranties are made more often by sellers and lessors than are full warranties
Indicate whether the statement is true or false
Which of the following costs would not be classified as factory overhead?
A. Insurance on factory building. B. Wages of the factory janitor. C. Rubber for the soles of shoes produced. D. Small tools used in production. E. Property taxes on maintenance machinery.
On January 1, Year 1, Rainey Co. purchased a machine that cost $150,000. The equipment is estimated to have a 5-year life and a salvage value of $30,000.Required: a) Compute the amount of depreciation expense using the double-declining-balance method for: (1) Year 1 (2) Year 2b) Compute the amount of MACRS depreciation for the above equipment for Year 1 assuming the property is 5-year property and the MACRS percentage is 20%.
What will be an ideal response?