In the context of inventories, which of the following is a similarity between a manufacturing firm and a retail firm?
A. Both hold inventories of finished goods.
B. Both typically hold inventories of work in process.
C. Both typically hold inventories of raw materials.
D. Both hold small inventories, thereby reducing the risk of stock-outs.
Answer: A
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______ exists when a particular practice is necessary for the safe and efficient operation of the business and when there is a specific business purpose for applying a particular standard that may, in fact, be discriminatory.
A. Job relatedness B. Disability C. Business necessity D. Disparate impact
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