Question

In: Economics

Do you agree that diversity can be a source of grearer benefit than harm to organizations...

Do you agree that diversity can be a source of grearer benefit than harm to organizations ? why or why not

Solutions

Expert Solution

Ans Diversity in the organization means a company employs individuals with different characteristics like that of different gender, race, religion, education, abilties and race.

Various benefits of diversity are:

1. Better decision making.

It increases creativity in the organization since people with different abilities and skills are working together with each other having different way of thinking, and solving problem thus diverse set of solutions are obtained for a specific problem.

2. Increased profits.

Workplace diversity leads to make faster decisons which gives competative advantage and helps in achieving better business results and increase profits.

3. Global Impact.

Organization hiring employees who speak different languages offers company to work on a global basis and interact with the broader client base.

Thus, on the basis of above mentioned benefits it can be concluded that diversity in organization offers greater benefit to organization than harm.


Related Solutions

Diversity is a potential source of conflict in organizations.
Diversity is a potential source of conflict in organizations.
1.a) Do these proposals cause more good than harm, in your opinion, or more harm than...
1.a) Do these proposals cause more good than harm, in your opinion, or more harm than good? Why? b) Would you make a distinction between cars and homes in this case? Why or why not? c)a proposal to impose a $15,000 limit on total household credit card debt. In your opinion, is this a good idea? Or a bad idea? Why?
Do some research on diversity in organizations. Some issues you might want to examine include finding...
Do some research on diversity in organizations. Some issues you might want to examine include finding specific situations where organizations have benefited through enhanced diversity (e.g. improved product, better customer service) or situations where an organization has been hurt through their lack of diversity. Is it always the case that diversity leads to improved performance (be civil, professional and data driven in assessing this!)? Write a discussion post with the following - a brief summary of what you learned about...
Do you agree with the statement: “There is only one boss, the customer. And you can...
Do you agree with the statement: “There is only one boss, the customer. And you can fire everyone in the company, from the president down, simply by spending your money elsewhere. -Sam Walton, founder of Wal-Mart How does this thinking apply to your expectations of service? Does he support or refute them? Register your opinion
Write no more than 300 words. To what extent do you agree or disagree with this...
Write no more than 300 words. To what extent do you agree or disagree with this argument: “Robots 'to replace up to 20 million factory jobs' by 2030
Do you agree that WannaCry attack is more interesting than the Ransomware. If so why
Do you agree that WannaCry attack is more interesting than the Ransomware. If so why
Do you agree that without protectionism trade can never be fair? Do you think that free...
Do you agree that without protectionism trade can never be fair? Do you think that free trade indeed widens the gap between the rich and the poor? Do you agree with the documentarian on the argument that 'trade that is truly free is a myth and will always remain one'? Explain in 200 words and in your own words.
Do you agree with Mecullough's statement that we, as Americans, love accolades more than achievement ,as...
Do you agree with Mecullough's statement that we, as Americans, love accolades more than achievement ,as McCullough argues? if not, why wasn't his speech able to persuade you? if so, what does he say to persuade you to agree with him?
What are the characteristics of effective branding? Do you agree or disagree with these criteria? Can...
What are the characteristics of effective branding? Do you agree or disagree with these criteria? Can you cite examples of successful brands that do not meet these criteria? Why do you believe these brands are successful?
Do you agree with Howard Gardner's concept of different intelligences? How do you agree? Be specific....
Do you agree with Howard Gardner's concept of different intelligences? How do you agree? Be specific. (250 words)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT