Asked by leslie perez on Sep 24, 2024
Verified
A study showed that companies in the top quartile for racial and ethnic diversity tend to have poorer financial results than their competitors with less racial and ethnic diversity.
Racial Diversity
The inclusion and representation of individuals from various racial and ethnic backgrounds within a group or organization.
Ethnic Diversity
The inclusion of individuals from a variety of ethnic, racial, and cultural backgrounds within a group or organization.
- Comprehend how cultural diversity impacts company performance.
Verified Answer
JM
Joban Malhi1 day ago
Final Answer :
False
Explanation :
This statement is false. Research has actually shown that companies with more racial and ethnic diversity tend to have better financial performance than their less diverse competitors.
Learning Objectives
- Comprehend how cultural diversity impacts company performance.
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