_____ Means Creating a Climate in Which the Potential Advantages

question 26

Multiple Choice

_____ means creating a climate in which the potential advantages of diversity for organizational or group performance are maximized while the potential disadvantages are minimized.

• A) Managing diversity
• B) Maxi-Min approach
• C) Managing differentiation
• D) Advantageous approach
• E) Maximum benefit approach

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Definitions:

Explicit Knowledge

Knowledge that is easily articulated, codified, accessed, and verbally communicated to others.

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it, often gained through personal experience and context.

Risk Propensity

The tendency of an individual or organization to take risks, often evaluated in the context of financial decisions or business strategies.

Anticipated Outcomes

Expected results or consequences of an action or decision.