Question

In: Operations Management

Why is diversity good for an international business what actions can a company take to foster...

Why is diversity good for an international business what actions can a company take to foster greater diversity?

Solutions

Expert Solution

Below are the reasons why diversity is good for an international business.

  • Diversity helps the international business to see various business cultures and management styles.
  • Diversity in international business enhances the creativity within the organization
  • Diversity in international business ensures increased productivity within the organization.
  • Diversity in international business enhances the organization brand image.
  • Diversity in international business will have various thoughts and ideas for business strategies.
  • Due to diversity in international business, companies can use various types of business skills from the employees.
  • Diversity ensure the better employee morale and ethics in the international business.

Due to all these reasons diversity is good for an international business.

Below are the actions that comapny can take to foster the diversity.

  • Hiring the candidate from different nationality origin enhances the diversity in the working area.
  • International business policies within the business functions can enhances the diversity in the organization.
  • Training and development of various international languages such as German, Chinese, japanese to employees helps to enhances the diversity in international business.
  • Following various culture and festivals in the organization enhances the diversity.
  • Make stronger anti discrimination policies to enhance the diversity in the organization.

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