Which of the Following Benefits of Workplace Diversity Contributes to Organizational

question 61

Multiple Choice

Which of the following benefits of workplace diversity contributes to organizational performance?

• A) reduced costs associated with high turnover and absenteeism
• B) potential source of competitive advantage from improved innovation efforts
• C) increased understanding of the marketplace and improved ability to better market to diverse customers
• D) ability to attract and retain employees of diverse backgrounds

---

Definitions:

Dividends

Disbursements issued by a company to its shareholders, representing a share of the company's earnings distributed to its stock owners.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data points, widely used in finance to measure the volatility of investment returns.

Variance

In statistics, variance is a measure of how far a set of numbers is spread out from their average value. It's key in assessing variability and risk.

Risk Premium

The additional return expected by an investor for taking on a higher level of risk.