How Can a Diverse Workforce Give a Company Competitive Advantage

question 72

Multiple Choice

How can a diverse workforce give a company competitive advantage?

• A)By providing insight into the changing customer base
• B)By providing new contacts with suppliers
• C)By helping reinforce the company's traditional culture
• D)By reducing the need for communication
• E)By making the organization more mechanistic

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Definitions:

Speculate

The act of investing or trading in financial assets with high risk in anticipation of significant returns.

American Option

A type of options contract that allows holders to exercise the option at any time up to and including the expiration date.

European Option

A type of options contract that can only be exercised at its expiration date, not before, as opposed to American options which can be exercised at any time before expiration.

Flexibility

The ability to adapt to changes, make decisions quickly and adjust to new conditions or environments.