Before an Organization Can Go to Step 3 in Diversity

question 43

Short Answer

Before an organization can go to step 3 in diversity management,it must perform step 2,which is to __________ present systems and procedures.

Identify techniques and methods for behavior change.

Recognize the impact of age, habits, motivation, and gender on behavior.

Describe the terms and concepts related to behavior modification (including self-efficacy, enabling factors, and motivation).

Analyze the role of predisposing, enabling, and reinforcing factors in behavior change.

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Definitions:

Payback Period

The length of time required to recover the initial cost of an investment, calculated by dividing the initial investment by annual cash inflows.

Cost of Capital

The yield a business needs to achieve on its investments to keep its market price stable and draw in capital.

Cash Flows

Cash flows refer to the net amount of cash and cash-equivalents being transferred into and out of a business.

Stand-Alone Project

A project considered and evaluated independently from other projects, focusing on its own merits without consideration for its interaction with other initiatives.