The Chapter-Opening Story of the Diversity Initiative at Investment Company

question 32

Multiple Choice

The chapter-opening story of the diversity initiative at investment company Charles Schwab & Co. shows us that

• A) various minorities respond to the same advertising in the same way as everyone else.
• B) Asian American immigrants prefer English to their native language when doing business.
• C) minorities do not have enough income to attract the interest of businesses.
• D) learning more about cultural diversity can help a company boost sales.

---

Definitions:

Regression Analysis

Presupposes that a linear relationship exists between one or more independent (causal, or predictor) variables, which are predicted to affect the dependent (criterion) variable-in our instance, future HR demand for personnel (i.e., the number of employees).

Trend Projection

A forecasting technique that extends past data points into the future to predict outcomes, often used in sales, finance, and inventory planning.

HR Forecasting

A method used in human resources to estimate future workforce needs to achieve the organization's objectives.

Organizational Goals

Objectives that an organization seeks to achieve, defining its purpose and, in essence, setting the direction for its activities and efforts.