The competitive advantage supported by diversity that is realized through fewer lawsuits and lower staff turnover is:
a.
cost advantage
b. creativity and problem solving
О с. system flexibility
d
resource acquisition
Answers
Answer:
12.3 Diversity and Its Impact on Companies
How does diversity impact companies and the workforce?
Due to trends in globalization and increasing ethnic and gender diversity, it is imperative that employers learn how to manage cultural differences and individual work attitudes. As the labor force becomes more diverse there are both opportunities and challenges to managing employees in a diverse work climate. Opportunities include gaining a competitive edge by embracing change in the marketplace and the labor force. Challenges include effectively managing employees with different attitudes, values, and beliefs, in addition to avoiding liability when leadership handles various work situations improperly.
Reaping the Advantages of Diversity
The business case for diversity introduced by Taylor Cox and Stacy Blake outlines how companies may obtain a competitive advantage by embracing workplace diversity.96 Six opportunities that companies may receive when pursuing a strategy that values diversity include cost advantages, improved resource acquisition, greater marketing ability, system flexibility, and enhanced creativity and better problem solving (see Exhibit 12.6).
Answer:
Option a)is correct.✓
the competitive advantage supported by diversity that is realised through fewer lawsuits and lower staff turnover is cost advantage.
Explanation:
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answered by suhana^_^✌️☺️❤️