Scenario 3.1 the Furniture Emporium Inc. Is a Canadian-Based International Manufacturer and Manufacturer

question 46

Multiple Choice

Scenario 3.1
The Furniture Emporium Inc. is a Canadian-based international manufacturer and distributor of high-end furniture for offices and homes. Since 2010, it has been expanding into the emerging markets across the globe. The company's workforce is representative of the population. As well, women make up 58 percent of the company's workforce. However, while these groups are well represented in the organization, they are not seen in the same percentage as a part of the senior management structure of the organization. While Furniture Emporium hires for diversity, it does not use its employees' diverse skills and abilities to enhance its global potential, given the international nature of its business.
-Refer to Scenario 3.1. Which of the following accurately represents diversity management if Furniture Emporium were to use it as a strategic tool?

• A) it is required by law in Canada
• B) it is a big part of managing human resources
• C) it is relatively simple and requires little time to implement
• D) it can be a complex and lengthy process to embark on

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Definitions:

Favourable Variances

Differences between actual and budgeted performance that result in better than expected financial outcomes.

Raw Material

The basic materials from which products are manufactured or made.

Desired Outcome

The specific result or objective that an individual or organization aims to achieve through a set of actions or strategies.

Participate

To take part or become involved in an activity or event.