Asked by Rachel Zingerman on May 12, 2024
Verified
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.
Verified Answer
Learning Objectives
- Recognize the role of diversity in the workforce and its competitive advantages.
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