Effectively Managing Diversity Is an Important Organizational Resource That Can

question 13

True/False

Effectively managing diversity is an important organizational resource that can improve the organizations' effectiveness, but it doesn't contribute to an organization's competitive advantage.

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Definitions:

Operating Income

Income generated from normal business operations, calculated by subtracting operating expenses from the gross profit.

Cash Account

An account that represents the amount of liquid assets or cash available to an individual or company.

Operating Expenses

Costs associated with the day-to-day functions of a business that are not directly tied to production.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, also known as shareholders' equity.