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Additional Case 4.3 Your Retail Company Has 80% of Its Stores Located in Stores

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Additional Case 4.3
Your retail company has 80% of its stores located in downtown metropolitan areas. Your biggest stores are in communities where minorities represent 60% of your customers. Your middle-management team has been changing over time so that 50% of your managers are women and about 30% are ethnic minorities. A significant number of your hourly employees, about 35%, have served over 20 years in their respective stores and many are over 40 years of age. Top management feels that African-Americans are under-represented in the hourly workforce and in middle management. They want HR to initiate an aggressive recruitment process to address the situation.
Hispanics are the biggest minority group, besides women, in your workforce. In a discussion about where the company should target its diversity program, the CEO explains she wants to implement a training program for managers to raise their sensitivity to minorities, especially Hispanics. She also notes that there are no disabled persons in the workforce and very few Asian-Americans. Carlos, the VP of facilities, notes that he has accommodated all the Asian-American employees he can in his MIS and facility support services. He also argues that he only has about $10,000 in his budget for reorganizing display space in the stores to accommodate disabled employees and that this amount probably isn't sufficient to accommodate a disabled employee.
-Refer to Additional Case 4.3.What is a key issue for the CEO in implementing diversity training that would focus on understanding Hispanic culture?


Definitions:

Installment Payment

A method of payment where the total cost of a good or service is divided into smaller amounts to be paid over a specified period.

Income Statement

A financial document that provides a summary of a company's revenues, expenses, and profits/losses over a specific period.

Long-Term Note Payable

A loan or debt with a repayment period that extends beyond one year, often used for significant business investments.

Mortgage Payable

A long-term liability representing borrowed funds secured by the pledge of property, to be repaid within a specified period.

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