What are the various components of a diverse workforce? What is diversity management? How can firms benefit from implementing diversity management programs?

What will be an ideal response?

Answer: Single parents, working mothers, dual-career families, older workers, disabled workers, immigrants, and workers of color are components that make up a diverse workforce. Diversity management is ensuring that factors are in place to provide for and encourage the continued development of a diverse workforce by melding these actual and perceived differences among workers to achieve maximum productivity. Promoting diversity can be a sound business strategy that leads to increased market share and a reputation as being a place people want to work.

Business

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_________: Practice of preparing budgets for a selected number of future periods and revising those budgets as each period is completed.

Fill in the blank(s) with the appropriate word(s).

Business

Free cash flow will increase with a decrease in:

A) tax rate. B) depreciation expense. C) accruals. D) Both A and C.

Business