Which of the following statements on the benefits of effective management of diversity is INCORRECT?
A)Diverse workforces lead to higher-quality decisions.
B)Diverse workforces create cheaper products.
C)Diverse workforces lead to lower litigation costs.
D)Diverse workforces have led to higher stock prices for firms.

Question

Quizplus · Accepted Answer

There is no evidence to support the claim that diverse workforces create cheaper products. While diversity can lead to lower overall costs, primarily through decreased employee turnover and improved decision-making, it is unlikely to have a direct impact on product pricing.

Which of the Following Statements on the Benefits of Effective