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Discuss three challenges faced by management when working with a diverse workforce.
Marginal Utility
The additional satisfaction or benefit gained from using or consuming one more unit of a good or service.
Honest Tea
A brand known for producing organic bottled teas and promoting fair trade and environmentally responsible practices.
Product Differentiation
The approach of identifying unique aspects of a product or service to elevate its allure to a certain target demographic.
Long-Run Profitability
The sustained ability of a firm to generate profits over a prolonged period, taking into account both fixed and variable costs.
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