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

Recognize the need for and preparation of adjusting entries for accrued expenses, prepaid expenses, and contingencies.

Comprehend the process of purchasing an asset with deferred payments including interest and its impact on the balance of debt principal over time.

Understand how changes in current asset and current liability accounts impact cash flow.

Recognize the significance of present value concepts in financing transactions and equipment purchases.

---

Definitions:

Workforce Diversity

The inclusion of individuals from a variety of backgrounds, such as different races, ethnicities, genders, ages, sexual orientations, etc., in the workplace.

Valuing Diversity

Recognizing, respecting, and appreciating the differences in individuals, believing that diverse perspectives lead to better outcomes.

Affirmative Action Programs

Initiatives designed to promote increased representation and inclusion of groups that have historically faced discrimination in employment, education, and other areas.

Cross-Cultural Diversity

The inclusion and integration of individuals from a variety of cultural, ethnic, and national backgrounds within a group or organization.