Which of the Following Is Considered a Key Benefit of Diversity

question 29

Multiple Choice

Which of the following is considered a key benefit of diversity?

• A)cohesiveness
• B)flexibility and adaptation
• C)less time in making decisions
• D)less thinking that is considered critical

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Definitions:

Initial Outlay

The initial investment amount needed to fund a project or investment.

Cost of Capital

The rate of return that a company must earn on its project investments to maintain its market value and attract funds.

Capital Budgeting

The process of planning and managing a company's long-term investments in major projects or assets.

Mutually Exclusive Projects

Projects where acceptance of one automatically excludes the acceptance of the other due to competing resources.