What is economic diversity
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Diversity Economics focuses on the organisational economics of diversity programs and follows the concepts of Economic Diversity, “as a way to achieve economic stability” (Wagner 1993). By utilising a greater gender balance in decision making, leadership and strategic planning, organisations will tap into a wider sphere of thinking, leading to greater innovation and creativity. Diversity Economics is the “New Business Transformation”.
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The economic diversity is defined as, the degree to which an economy's mix of industries, sectors, skill levels and employement levels differ from a larger reference economy.
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