Scenario 3.1
The Furniture Emporium Inc. is a Canadian-based international manufacturer and distributor of high-end furniture for offices and homes. Since 2010, it has been expanding into the emerging markets across the globe. The company's workforce is representative of the population. As well, women make up 58 percent of the company's workforce. However, while these groups are well represented in the organization, they are not seen in the same percentage as a part of the senior management structure of the organization. While Furniture Emporium hires for diversity, it does not use its employees' diverse skills and abilities to enhance its global potential, given the international nature of its business.
-Refer to Scenario 3.1. Why can the ethnic groups help Furniture Emporium leverage its diverse workforce to gain competitive advantage?

Question

Quizplus · Accepted Answer

Ethnic groups may possess knowledge of foreign cultures and business practices, which could help Furniture Emporium understand and navigate the markets it is expanding into, giving it a competitive advantage. The other answer choices (A, C, and D) do not necessarily correlate with ethnic groups and do not provide a convincing explanation for how they could help leverage diversity for competitive advantage.

Scenario 3.1 the Furniture Emporium Inc. Is a Canadian-Based International Manufacturer and Manufacturer