Briefly Discuss the Value of Diversity in Business

question 7

Essay

Briefly discuss the value of diversity in business.

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Definitions:

Ascribed Status

A social position assigned at birth or involuntarily later in life, often based on gender, race, or family background, not earned by the individual.

Achieved Status

A social position a person takes on voluntarily that reflects personal ability and effort.

Social Group Characteristics

Traits or features that define a group of people within a society, including shared interests, behaviors, beliefs, and social connections.

Face-to-Face Interaction

Direct, in-person communication where individuals engage each other through verbal conversation, non-verbal gestures, and expressions.