You Have Been Hired to Lead a New Diversity Program

question 2

Essay

You have been hired to lead a new diversity program at a major company in order to promote minorities and women; however, any in the company are skeptical about the new program. How would you explain the business value of this program to those who are skeptical about it?

---

Definitions:

Sensitivity Analysis

A technique used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.

Break-even Point

The financial point at which total costs equal total revenue, meaning that the business is neither making a profit nor a loss.

Cost-volume-profit Analysis

An accounting technique used to determine how changes in costs and volume affect a company's operating income and net income.

Sales Mix

The relative distribution of sales among the various products available for sale.