Asked by Renee Jackson on May 20, 2024
Verified
The business advantages of today's diverse workforce include
A) a wider range of views and ideas.
B) a broader talent pool from which to recruit.
C) a better understanding of diverse,fragmented markets.
D) all of the above.
Diverse Workforce
A workforce that includes employees from a wide range of backgrounds, including different races, ethnicities, genders, ages, religions, disabilities, and sexual orientations.
Talent Pool
A group of individuals with the skills and expertise that an organization considers potential candidates for future employment or promotion.
Fragmented Markets
Markets that are divided into many segments, each with its own distinct preferences, characteristics, or requirements.
- Recognize the merits of having a varied workforce.
- Understand the contribution of cultural diversity in improving a firm's market position.
Verified Answer
JC
Jessica CarterMay 21, 2024
Final Answer :
D
Explanation :
Today's diverse workforce brings a wider range of views and ideas, which can lead to more creativity and innovation in problem-solving. Additionally, a diverse workforce provides a broader talent pool from which to recruit, increasing the likelihood of finding the best candidates for job openings. Finally, a diverse workforce can help businesses better understand and connect with diverse, fragmented markets, improving sales and market share. Therefore, all of the above options are correct.
Learning Objectives
- Recognize the merits of having a varied workforce.
- Understand the contribution of cultural diversity in improving a firm's market position.