In: Accounting
What advantages accrue to companies that have a diverse workforce? Are there disadvantages associated with diversity? Explain.
Advantages accrue to companies that have a diverse workforce:-
1. Innovation creation:- Mix culture brings numerous ideas which will act as a harbinger of innovation.
2. New doors for business opened up:- Diversity brings the options of doing business in different countries because new clients can be catered in their own local language.
3.Improved employee performance:- Employee performance increases because of healthy employees relationship.
Disadvantages of diversity in the workplace:-
1. Problems of plenty of opinions:- Diversity brings lots of opinions which is difficult to address.
2. Communication problems:- Because most people have dual language skills but they are not fluent in official language
3. Visa problems also happen because getting a work permit is not an easy job.
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