Asked by deegii boogii on May 09, 2024
Verified
Both companies and local economies benefit when those companies take the diversity initiative of purchasing from local, minority, or female-owned suppliers.
Diversity Initiative
Programs or policies implemented within organizations to promote and appreciate diversity in the workplace.
Local Economies
The economic systems and conditions present within a specific geographic area, influencing the livelihoods and development of communities.
- Recognize the importance of diversity initiatives and their benefits on companies and economies.
Verified Answer
JR
jerry roegnerMay 09, 2024
Final Answer :
True
Explanation :
Engaging with local, minority, or female-owned suppliers can lead to economic empowerment within those communities, foster innovation through diverse perspectives, and enhance the reputation and market reach of the purchasing companies, thereby benefiting both the companies and the local economies.
Learning Objectives
- Recognize the importance of diversity initiatives and their benefits on companies and economies.
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