A contributing factor to the increased profits associated with diversity is that
A) cultural diversity is used to justify lower wages.
B) the workforce is similar to the customer base in appearance and customs.
C) the conflict associated with diversity leads to better product decisions.
D) customers are usually willing to pay higher prices to companies with a diverse workforce.
Answer: B
You might also like to view...
Electronics International has experienced a significant decline in sales for SweetTunes, its MP3 player, during the past two years
In response, the company has reduced its advertising and sales expenditures for SweetTunes in an attempt to improve short-run profits. Which term best describes Electronics International's strategy for SweetTunes? A) sales outsourcing B) product modification C) industry repositioning D) product harvesting E) marketing mix modification
Briefly explain the relationship among the 4 Ps
What will be an ideal response?
The Swan Company produces their product at a total cost of $43 per unit. Of this amount $8 per unit is selling and administrative costs. The total variable cost is $30 per unit The desired profit is $20 per unit. Determine the mark up percentage on product cost
A) 80% B) 46% C) 70% D) 65%
Why are integrative agreements better than compromise agreements?
a. Compromise agreements develop a win-win agreement. b. Cognitive dissonance can generate feelings of frustration, regression, fixation, and aggression. c. Integrative agreements are more stable and mutually rewarding. d. Each party makes concessions on high-priority issues in exchange for concessions on low-priority issues.