How can diversity be a business advantage?

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You will get a very diverse set of ideas from different people from different backgrounds. The ideas that they bring to the table could be things that no one else has thought of before.

What are the Advantages of diversity?

The advantages of diversity involve . having a target market . can be helpful if you know that there is a big gap in the market . New plans and Objectives . If employees back-up the new system

What are the advantage and disadvantages of diversity?

Well there are several disadvantages and critique about the praised diversity in corporations. 1) Reversed discrimination - basically means that the 'regular and indiverse' people who might be more professional are not hired in favor of a person of a minority of an ethnic group, gender, age or se ( Full Answer )

Advantages of ICT in business?

easy to find stuff than having to search through loads of files in filing cabinets doesn't take up space easier to type in details than it is to hand write accuracy, with Spellchecker etc.

What is the advantage of having diverse adaptations for getting food?

For some animals, obtaining food is a luck of the draw, and an animal with a diverse ability to obtain food is more likely to benefit from the opportunities that present themselves. For instance, an animal that can swim is able to go after fish, frogs, and turtles.

What are the advantages and disadvantages of a business hierarchy?

One advantage to a business hierarchy is the fact that employeeswill always know who they will report to. A problem associated witha business hierarchy is the fact that it can take to long to have adecision about any particular problem.

What are the advantages of using computers in business?

Computers are capable of high speed calculations, storing data andhas access to a wide variety of utility programs that can be usedfor business matters. Using computers in business can make everydaytasks easier and more efficient.

Advantages of using ict in business?

there are many advantages in using ICT in businesses. here are a few: . it is very easy to store data, and Save things can be saved in many places other than just your computer, for example; external hard drives. . organisation is much more easier and better when using a PC. . if done efficien ( Full Answer )

Advantages of cooperative business?

The advantageous factors of the cooperative type of organization are given below: - 1. Elimination of middlemen. The management of the consumer cooperative society directly purchases the finished goods from the manufacturer and producer. Producer cooperative society procures the raw material from th ( Full Answer )

Advantages of business proposal?

One advantage to writing a business proposal is the fact that youcan work out all of your problems on paper before committing to thebusiness. Without a proposal, you could make costly mistakes thatjeopardize your business.

Advantages and disadvantages of incorporation business?

Regulatory and Record keeping Requirements-Corporate operations are governed by local, state, and federal regulations to a greater degree than are other businesses. . Added Cost of Doing Business-Regulatory and record keeping guidelines and requirements often make it necessary for corporations to m ( Full Answer )

What are the advantages of a business?

Advantage of business is that you gain profit . But often is your business doesnt succseed then you will lose money (especially if the liability falls directley to you) you can end up losing everything especially if you are say a sole trader etc.

What advantages diversity can bring to an organization?

Some of the advantages diversity can bring to an organisation are: · Working with different types of people, who have different qualities. · Having everyone's strong points together for a better and more efficient working environment. · Getting to know differen ( Full Answer )

What are the advantages of a diverse society?

their are many advantages to a diverse society such as what each individual brings! different foods, drinks,music,literature,art,festivals,dress,language,customs,social relationships,religons and ideas. but im sur the list could go on. surley these are advantages because we are learning so much from ( Full Answer )

What are the advantage of diversity?

Diversity allows people to learn more about each other, the world and its different cultures. It also allows us to feel like we "fit in" and are "part of the world".

What is the advantage of culturally diverse team in a work place?

The best teamwork comes from people with diverse points of view, who can collaborate, come to consensus, and take action. The advantage of a culturally diverse team is that people have a variety of different points of view when approaching problems or taking action. An example of this might be when ( Full Answer )

Advantages of a business open office?

Using an open office layout in businesses takes away the isolation of individual offices - maintaining a sense of 'belonging'.

Advantages of small scale business?

Small scale business is a good thing because it can respond to theneeds of people in a more intimate way. Additionally, smallbusinesses keep power from accumulating with a small group ofpeople.

Advantages of the fast food business?

It depends on what you're going into. If you're going to manage a restaurant or several restaurants, the pay will be great and the benefits are also very nice. If you plan to have a uniform and stand at a counter, your only real advantages are job security and opportunities to advance to being a res ( Full Answer )

What is the advantage of diversity within a species?

The advantage of diversity within a species is the evolution of new, possibly advantageous, traits within that species through recombination of genes. This can help the species to survive more successfully in its environment.

Advantages and Disadvantages of workforce diversity and work-life balance?

Advantages Increased adaptability Organizations employing a diverse workforce can supply a greater variety of solutions to problems in service, sourcing, and allocation of resources. Employees from diverse backgrounds bring individual talents and experiences in suggesting ideas that are flexible ( Full Answer )

How can Diversity Management help you to meet your business challenges?

Prime question: what are your business challenges? It is very tempting to see diversity management as an end in itself - it take very little imagination or skill to send out one's recruiters to find the required number of female, male, disabled, fat, jazz loving, single fathers etc etc to build a ' ( Full Answer )

What are the advantages of living in a country with diverse physical geography?

Living in a country with a diverse physical geography offers many advantages such as the oppurnity to experience many different types of landscapes and climates. It also gives the people gives intimate relationship with the natural setting. Inhabitants develop characteristics for advantages to their ( Full Answer )

What are the advantages and disadvantages of business valuation?

As a business owner, or someone looking to purchase a business, avaluation is incredibly, well, "valuable". Everything else in ourlives seems to have a price, but so often small business ownershave no idea how much their businesses are worth. A good businessvaluation can be useful in tracking the su ( Full Answer )

What are the advantages of e-marketing for business?

It has two distinct advantages over traditional marketing. E-marketing provides customers with more convenience and more competitive prices, and it enables businesses to reduce operational costs.

What are the advantages of small business in society?

Opportunities to trade with individuals and groups that are compatible with small-business culture. The presence of up-and-running companies that did not need massive investment or years of planning to set-up. Freedom to take instant decisions that would need to be exposed to many committees befor ( Full Answer )

What are the advantages of business to business marketing?

Business to business marketing will make you more money, flat out. You are selling your product to a company who will buy in quantity of everything instead of just one or two. If you're out to make cash, this is the best you can hope for. Level of professionalism as well.

What are advantages and disadvantages of cultural diversity?

The presence of Western traders in India increased the demand forgoods and services in India. As a result of the British living inIndia, Indian artisans, weavers and craftsmen were steadilyemployed. Although they were deprived of the full profits of theirlabors, these artisans and craftsman grew in ( Full Answer )

Is diversity a drawback or advantage for the Indian society?

It was an advantage because the caste system was a way to regulate relations between the diverse groups. From it sprung the belief in reincarnation and the religion of Hinduism. One of the well known religion today.

What are the advantages to putting your business online?

"There are many advantages to putting your business online. Some of these would be getting a broader customer base, thereby increasing your business volume, reducing actual overhead by not needing a ""brick and mortar"" office and even enabling you to work from home."

What are the advantages of email marketing for businesses?

"There are several advantages to email marketing. You will reach more people across the world, you will save money by not having to purchase paper goods for regular mail, you can make your email much more personal instead of a generic mass mailing...these are just a few of the advantages of email ma ( Full Answer )

What role does diversity play in society and the business or professional communities?

I speak English, Spanish, and watch Japanese shows. I Admired the Chinese and the way they live many people are blinded by what they know about china from history or the news but when you live in the cities, and travel around it, talk to the natives, and eat The Real version of Chinese foods, your p ( Full Answer )

What are the advantages of having aims in a business?

The function of an aim (goal) exists to ensure attainment of the objective which your effort is directed. A specific goal has a much greater chance of being accomplished than an unknown goal. For example, you seek to drive across country---do you have your trip mapped out; know the cost of trip; t ( Full Answer )

What is the advantage of business law in people?

business law provides the rules which are applicable for business trans action .there is a compulsion to follow them while dealing with other company or person.

What advantage is there for a species or population to have genetic diversity?

When all the organisms are exact genetic copies, you don't have diversity. Additionally they would all appear as identical twins. If you are talking about a food crop if a bacterial, fungal disease strikes, they may all succumb. We would be left without that food. When there is diversity, some of th ( Full Answer )