_____ Is Not One of the Arguments for Why Greater

question 14

Multiple Choice

_____ is not one of the arguments for why greater diversity can help a company gain a competitive advantage.

• A)Creativity
• B)Flexibility
• C)Lower training costs
• D)Problem solving

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Definitions:

Secondary Stakeholder Groups

Those individuals or organizations indirectly affected by a company's operations, typically not directly engaged in transactions with the company but impacted by its actions.

Legitimacy

The general perception that an action, entity, or institution is appropriate and justified according to socially constructed norms, values, beliefs, and definitions.

Invisible Hand

A metaphor used by economist Adam Smith to describe the self-regulating behavior of the marketplace.

Adam Smith

An 18th-century Scottish economist and philosopher, often considered the father of modern economics, known for his theories on free markets, capitalism, and the "invisible hand."