Which of the Following Statements Is True of a Diverse

question 8

Multiple Choice

Which of the following statements is true of a diverse workforce?

• A) It can build stronger connections with various customers.
• B) It degrades the value of an organization.
• C) It causes an organization to lose its competitive advantage.
• D) It reinforces the glass ceiling in an organization.

Recognize the importance of selecting and developing leaders as per Jack Welch's leadership concepts.

Understand Deming's 14 points for a successful workplace and identify methods to improve quality.

Grasp the philosophy behind the quality movement and its emphasis on employee involvement and problem-solving.

Realize the significance of effective communication strategies in empowered and high-performance workplaces.

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Definitions:

Foreign Exchange Market

A global marketplace for trading national currencies against one another.

Economic Growth

Refers to the increase in the production of economic goods and services, compared from one period of time to another.

Trade Deficit

A situation where a country's imports of goods and services exceed its exports, leading to more money leaving the country than coming in.

Economic Growth

Economic growth is the increase in the production of goods and services in an economy over a period, leading to a rise in the country's standard of living.