iCEV Personal Finance Practice Test

The term "glass ceiling" refers to an invisible barrier that prevents certain groups, particularly women and minorities, from advancing to higher positions of power and leadership within an organization or society. This concept highlights systemic discrimination and inequality that can exist in the workplace, where individuals may be qualified and capable but still face obstacles due to gender, race, or other factors.

Understanding the glass ceiling is crucial as it emphasizes the importance of addressing equity issues in professional environments and advocates for policies and practices that promote inclusivity and equal opportunities for all individuals, regardless of their background. While the other choices address different aspects of career development or workplace dynamics, they do not capture the specific challenges represented by the glass ceiling.