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Diversity, in a business context, is hiring and promoting employees from a variety of different backgrounds and identities.Those characteristics may include various legally protected groups, such as people of different religions or races, or backgrounds that are not legally protected, such as people from different social classes or educational levels.
Ansoff pointed out that a diversification strategy stands apart from the other three strategies. Whereas, the first three strategies are usually pursued with the same technical, financial, and merchandising resources used for the original product line, the diversification usually requires a company to acquire new skills and knowledge in product development as well as new insights into market ...
[1] Thus, diversity marketing is the process in which companies study the market they are in or about to enter by different means (e.g. surveys, focus groups or in some cases telecommunication). Diversity marketing is helping business owners and operators at all levels to connect with society through communication channels that best reach them ...
"The point of diversity and inclusion is that companies, the government, universities, all do better when there are diverse participants in management and throughout the enterprise," said Michael ...
Not sure if your investment portfolio is diversified enough? Here are six tips to help you change that.
Basically, their message was, do not promote diversity because it is a legal mandate, but because it is good for business. From then on, researchers started to test a number of hypotheses on the business benefits of diversity and of diversity management, known as the business case of diversity. [26]
Here's how to diversify your portfolio without the headache of being a landlord Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead . Get in ...
Non-incremental diversification is a strategy followed by conglomerates, where the individual business lines have little to do with one another, yet the company is attaining diversification from exogenous risk factors to stabilize and provide opportunity for active management of diverse resources.