Asked by Danielle Szajdek on Jul 14, 2024
Verified
Which of the following is viewed as an advantage to a more diverse workforce by business leaders?
A) Increased competitive advantage
B) Lower wages
C) Better educated employees
D) Improved communication skills
E) Increased levels of ethnocentrism
Diverse Workforce
A workforce that includes a wide range of differences among employees, such as cultural, racial, gender, age, and educational backgrounds, contributing to a variety of perspectives and ideas.
Competitive Advantage
A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.
Ethnocentrism
The tendency to judge other groups according to the standards, behaviors, and customs of one’s own group.
- Appreciate the advantages offered by workforce diversity.
- Comprehend the significance of cultural diversity in elevating a corporation's competitive standing.
Verified Answer
JM
Janee MitchellJul 18, 2024
Final Answer :
A
Explanation :
A more diverse workforce can bring different perspectives and experiences to the table, which can help a company develop more innovative and creative solutions that effectively meet the needs of a broader range of customers. This can provide a competitive advantage over companies with less diversity in their workforce.
Learning Objectives
- Appreciate the advantages offered by workforce diversity.
- Comprehend the significance of cultural diversity in elevating a corporation's competitive standing.