Which of the Following Benefits of Workplace Diversity Is Attributed

question 74

Multiple Choice

Which of the following benefits of workplace diversity is attributed to organizational performance?

• A) reduced costs associated with high turnover and absenteeism
• B) potential source of competitive advantage from improved innovation efforts
• C) increased understanding of the marketplace and improved ability to better market to diverse customers
• D) ability to attract and retain employees of diverse backgrounds

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Definitions:

Legal Capital

The portion of a company's equity that cannot be distributed to shareholders and must be maintained as a financial protection for creditors.

Market Value

The current price at which an asset or service can be bought or sold in an open market.

U.S. Economy

The economic system of the United States characterized by private enterprise, a variety of industries, and is the largest national economy in nominal terms.

Tax Incentives

Financial discounts or benefits offered by governments to encourage certain behaviors or investments, reducing the tax liability for businesses or individuals.