Which of the Following Is an Advantage to Organizations That

question 59

Multiple Choice

Which of the following is an advantage to organizations that emphasize the diversity dimension of their culture?

• A) increased perspectives on problem solving
• B) lower organizational expenditure
• C) greater customer loyalty towards their products
• D) improved homogeneity of the workforce
• E) higher levels of creativity among employees

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Definitions:

Taking a Loss

A situation where a business or individual sells an asset for less than its purchase price, resulting in a financial deficit.

Marginal Revenue

The additional income received from selling one more unit of a good or service; it is a critical factor in decision-making for firms in competitive markets.

Total Revenue

The overall amount of money generated by a company from its business activities, usually from the sale of goods or services, before any costs or expenses are deducted.

Output Rising

A situation where the production of goods and services in an economy increases over a certain period.