Managing Diversity Means

question 56

Multiple Choice

Managing diversity means

• A)tolerating or accommodating differences, no matter how much one might object to doing so, simply because it is the law.
• B)supporting, nurturing, and utilizing differences between people in order to encourage competition within the organization.
• C)hiring as many women and members of minority groups as possible in order to enhance the organization's image and comply with government regulations.
• D)not just tolerating or accommodating all sorts of differences, but supporting, nurturing, and utilizing these differences to the organization's advantage.
• E)emphasizing differences between people as a means of redressing past attitudes toward members of various ethnic and other groups.

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Definitions:

Tax Collections

The process by which governmental authorities, such as the IRS in the United States, collect taxes from individuals and businesses.

Payroll Tax

Taxes imposed on employers or employees, usually calculated as a percentage of the salaries that employers pay their staff.

Labor Market

The supply and demand for labor, where workers find employment and employers find workers.

Equilibrium

A state in economics where demand equals supply, resulting in a stable market price and quantity.