Which of the Following Is a Reason Why Diversity Is

question 25

Multiple Choice

Which of the following is a reason why diversity is such a pressing concern and an issue both in the popular press and for managers and organizations?

• A) Diverse individuals are hired despite not having valid permits to work.
• B) Diverse people must receive equal opportunities and be treated fairly and justly.
• C) Recruitment of diverse people is a major human resources expense for companies.
• D) Diverse individuals get preferential treatment in the workplace.

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Definitions:

Customer-oriented Pricing

A pricing strategy that considers the perceived value of the product or service to the customer rather than solely the cost of production.

Internal-oriented Pricing

Pricing strategy focusing on internal factors such as production costs and profit margins rather than market demand or competition prices.

Economic Factors

Variables such as inflation, interest rates, economic growth, and unemployment that influence the performance of an economy and its participants.

Legal Considerations

Aspects that involve or are influenced by laws, regulations, and legal principles, often requiring attention in decision-making processes and business planning.