FSI is an industry in which lots of discrimination prevails. Women and minorities are side-tracked in the industry when it comes to equality. There are various reasons behind it which prevail in the industry. People are usually less likely to value advice from females regarding stock-market, a career in FSI is not considered by women and minorities as an option, many women and minorities perceive an unfair climate in their organization, evidence has been seen that there is a systematic bias against women and minorities in FSI. The major financial institution does not release their diversity ratio which further increases the practice of discrimination. FSI professionals pay Hazard premiums to reinforce systematic silence in the industry. Interpretation: Role of stereotypes and prejudices to eliminate discrimination.

Question

Want to see the full answer?

Answer 1

Question

Chapter 11, Problem 3MIA

Summary Introduction

Case Summary:

FSI is an industry in which lots of discrimination prevails. Women and minorities are side-tracked in the industry when it comes to equality. There are various reasons behind it which prevail in the industry. People are usually less likely to value advice from females regarding stock-market, a career in FSI is not considered by women and minorities as an option, many women and minorities perceive an unfair climate in their organization, evidence has been seen that there is a systematic bias against women and minorities in FSI. The major financial institution does not release their diversity ratio which further increases the practice of discrimination. FSI professionals pay Hazard premiums to reinforce systematic silence in the industry.

Interpretation:

Role of stereotypes and prejudices to eliminate discrimination.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Discuss the advantages and disadvantages of integrating multiple data tracking systems with a CRM. Describe how integration can impact analytics. Describe possible barriers to an organization implementing a CRM.

I participated in a team tasked with developing and implementing a new customer service training program. The team included five members: myself, two training specialists, an HR representative, and a team leader. Our work environment was a mix of virtual and collocated, with weekly in-person meetings and frequent virtual check-ins. Reflecting on our process, it's evident that parts of “Tuckman's model”(Forming, Storming, Norming, Performing, and Adjourning) were present in the development and completion of the project. Do you think only clarifying roles and fostering trust would have resolved the issue you had experienced?

I participated in a team tasked with developing and implementing a new customer service training program. The team included five members: myself, two training specialists, an HR representative, and a team leader. Our work environment was a mix of virtual and collocated, with weekly in-person meetings and frequent virtual check-ins. Reflecting on our process, it's evident that parts of “Tuckman's model”(Forming, Storming, Norming, Performing, and Adjourning) were present in the development and completion of the project.