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

question 49

Multiple Choice

Scenario 8.1
Ray Caldwell is the human resource manager of a management consulting firm. The consultants 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 the qualified applicants for new positions are multicultural and Ray wonders if he should consider hiring them. He is currently assessing the advantages and disadvantages of the firm's becoming more multicultural.
-Refer to Scenario 8.1. If Ray wants to hire the ethnic group that is expected to increase by the greatest percentage of the U.S. workforce over the next decade, he would hire more

• A) Hispanics.
• B) African Americans.
• C) whites.
• D) Asians.
• E) Native Americans.

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Definitions:

Professional Management

The act of overseeing and making decisions about investments by experts on behalf of clients.

Arbitrage Profits

Earnings generated from buying and selling identical or similar securities, currencies, or commodities in different markets to exploit price differences.

Positive Basis

In futures trading, a situation where the spot or cash price of a commodity is lower than the future price, indicating expectations of higher future prices.

Borrowing Cost

The cost incurred by an entity when it raises funds through debt financing, which may include interest payments and other fees.