Scenario 8.1 Ray Caldwell Is the Human Resource Manager of a Management

question 40

Multiple Choice

Scenario 8.1
Ray Caldwell is the human resource manager of a management consulting firm.The consultants in the company are mostly white males and are a cohesive group.Very few conflicts exist between them and decisions are made quickly and without much disagreement.A number of qualified applicants for new positions in the firm are from different cultural backgrounds.Ray wonders if he should consider hiring them.He is currently assessing the advantages and disadvantages of the firm becoming more multicultural.
-Refer to Scenario 8.1.Ray understands that an increase in diversity will require certain individual strategies for dealing with multiculturalism.Which of the following is NOT such a strategy?

• A) Understanding
• B) Separation
• C) Empathy
• D) Tolerance
• E) Communication

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Definitions:

Annual Payments

Regular payments made once a year, often used in the context of loans, leases, or annuities.

Certificate of Deposit

A savings certificate with a fixed maturity date and fixed interest rate, issued by banks to individuals desiring to save money for a fixed period.

Compounded Annually

The process of calculating interest and adding it to the principal sum of a deposit or loan once per year.

Interest Rate

The rate at which interest is paid by borrowers for the use of money that they borrow from lenders.