BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The ethnic mix of countries’ populations continues to change, creating opportunities and threats for many companies as a result.
A
True
B
False
Explanation: 

Detailed explanation-1: -The range of experience, expertise, and working methods that a diverse workplace offers can boost problem-solving capacity and lead to greater productivity. In fact, studies have shown organizations with a culture of diversity and inclusion are both happier and more productive.

Detailed explanation-2: -The wider variety of skills and abilities associated with workplace diversity directly contributes to productivity. Organizations that have more diversity in their office boast higher productivity, as different workers have different skills, abilities, and areas of work that they enjoy.

Detailed explanation-3: -O Diversity inhibits critical thinking and prevents disagreement among team members about global business strategies. O Diversity minimizes group think and can bring new ideas, attitudes, and experiences to the development of global products and services. O Diversity promotes global domination of the marketplace.

Detailed explanation-4: -The unequal performance of companies in the same industry and country suggests that gender, racial, and ethnic diversity are competitive differentiators: more diverse companies lure better talent and improve their decision making, customer orientation, and employee satisfaction.

There is 1 question to complete.