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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What are some ideas you have about how employee retention can be increased?
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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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- You have just been hired as the Chief Diversity Officer (CDO) for your organization. During your meet and greet with your staff, you were informed that the organization does not reflect the community in which it serves. You have one year to increase diversity in the organization. Please describe steps you would take to ensure that your organization embraces and promotes diversity. What are key issues surrounding diversity that you would address? Please address advantages and disadvantages to a diverse work environment.arrow_forwardIn your own words define diversity. When does a company know when it is diverse? How can an organization strategically and intentionally work on becoming more diverse?arrow_forwardMANAGING DIVERSITY FOR SUCCESS: THE CASE OF IBM When you are a company that operates in over 170 countries with a workforce of over 398,000 employees, understanding and managing diversity effectively is not optional—it is a key business priority. A company that employs individuals and sells products worldwide needs to understand the diverse groups of people that make up the world. Starting from its early history in the United States, IBM Corporation (NYSE: IBM) has been a pioneer in valuing and appreciating its diverse workforce. In 1935, almost 30 years before the Equal Pay Act guaranteed pay equality between the sexes, then IBM president Thomas Watson promised women equal pay for equal work. In 1943, the company had its first female vice president. Again, 30 years before the Family and Medical Leave Act (FMLA) granted women unpaid leave for the birth of a child, IBM offered the same benefit to female employees, extending it to one year in the 1960s and to three years in 1988. In…arrow_forward
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