Asked by Rachel Zingerman on May 12, 2024

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What is the competitive advantage of a diverse workforce?

A) A shared systems of beliefs
B) Increased communication opportunities
C) Increased cultural competency
D) A broader understanding of diverse markets
E) Better utilization of skill sets

Competitive Advantage

A unique attribute or position that allows an organization, country, or individual to outperform its competitors, leading to greater sales, margins, or customer loyalty.

Diverse Workforce

A workforce composed of individuals from a variety of backgrounds, including different races, ethnicities, genders, ages, religions, abilities, and sexual orientations.

Cultural Competency

The ability to understand, appreciate, and interact effectively with people of different cultures, recognizing and respecting their differences.

  • Recognize the role of diversity in the workforce and its competitive advantages.
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AA
Alaina AlbaneseMay 16, 2024
Final Answer :
D
Explanation :
D)Smart business leaders recognize the competitive advantages of a diverse workforce that offers a broader spectrum of viewpoints and ideas, helps companies understand and identify with diverse markets, and enables companies to benefit from a wider range of employee talents.