The Five Major Steps in Implementing a Change for a Program

question 43

True/False

The five major steps in implementing a change for a program to develop a truly diverse workplace is to: (1) change structures and policies, (2) focus on diversity recruiting, (3) establish mentor relationships, (4) accommodate special needs, and (5) offer training and education.

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Definitions:

Return On Equity

A measure of financial performance calculated by dividing net income by shareholders' equity.

Total Debt Ratio

A financial ratio that measures the extent of a company’s leverage, calculated by dividing its total liabilities by its total assets.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the costs of goods sold, representing the profitability.

Current Ratio

This ratio assesses whether a company can cover debts due in less than a year, indicating its short-term financial health.