Introduction to Business
OER 2018 Edition
ISBN: 9781947172548
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 8.10, Problem 1CC
How can employee diversity give a company a competitive advantage?
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How can diversity create a competitive advantage for a firm?
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Chapter 8 Solutions
Introduction to Business
Ch. 8.1 - Define human resource management.Ch. 8.1 - Distinguish between job analysis, job description,...Ch. 8.1 - Describe the human resource management process.Ch. 8.2 - What are the two sources of job applicants?Ch. 8.2 - What are some methods firms use to recruit...Ch. 8.2 - What is meant by recruitment branding?Ch. 8.3 - Describe the employee selection process.Ch. 8.3 - What are some of the ways that prospective...Ch. 8.4 - Describe several types of on-the-job training.Ch. 8.4 - What are the advantages of simulation training?
Ch. 8.4 - How is technology impacting off-the-job training?Ch. 8.5 - What are the steps in the performance planning and...Ch. 8.5 - What purposes do performance appraisals serve?Ch. 8.5 - Describe some sources of information for the...Ch. 8.6 - How does a firm establish a pay scale for its...Ch. 8.6 - What is the difference between direct and indirect...Ch. 8.6 - Why are health insurance and benefits so important...Ch. 8.7 - Discuss the modern labor movement.Ch. 8.7 - What are the various topics that may be covered...Ch. 8.7 - Explain the differences among a union shop, agency...Ch. 8.8 - Describe the grievance procedure.Ch. 8.8 - In what ways do arbitrators act like judges?Ch. 8.8 - What are some tactics for pressuring for a...Ch. 8.9 - Discuss the laws that govern wages, pensions, and...Ch. 8.9 - Describe the Americans with Disabilities Act.Ch. 8.9 - How do the Wagner and Taft-Hartley Acts impact...Ch. 8.10 - How can employee diversity give a company a...Ch. 8.10 - Explain the concept of hiring for fit.Ch. 8.10 - Why does the service industry provide an...Ch. 8 - Tracking employee information through global...Ch. 8 - Why is workplace diversity so important in today's...Ch. 8 - What are the major sources of workplace...Ch. 8 - What steps are companies taking to ensure that...
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- How might socioeconomic diversity in a company’s workforce create both challenges and opportunities for the company?arrow_forwardWhat are best practices for promoting diversity and inclusion in the workplace, and how can organizations measure the effectiveness of their efforts in this area?arrow_forwardCan diversity be a strategic advantage to organizations?arrow_forward
- Discuss What are best practices for promoting diversity and inclusion in the workplace, and how can organizations measure the effectiveness of their efforts in this area?arrow_forwardYou are applying for a job as a Human Resources DEI (Diversity, Equity, & Inclusion) Specialist. As part of the application process, you need to answer the following questions: What are the benefits of a diverse workforce? How can discrimination be avoided during the recruiting process? What are some ideas you have about how employee retention can be increased?arrow_forwardHow does diversity and inclusion impact management practices and organizational performance?arrow_forward
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