The combination of social class and income-related factors is referred to as ________ background.

Question

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The term "socioeconomic background" typically refers to a combination of social class and income-related factors. From a management perspective, socioeconomic diversity (and in particular diversity in income levels) requires that managers be sensitive and responsive to the needs and concerns of individuals who might not be as well off as others.

The Combination of Social Class and Income-Related Factors Is Referred