Failure to overcome cultural biases can have serious economic _____________.

Question

Quizplus · Accepted Answer

Failure to overcome cultural biases can result in negative consequences, such as decreased productivity, reduced innovation, and decreased competitiveness in the global market. A lack of diversity and cultural understanding can also lead to conflicts and misunderstandings in the workplace, which can result in decreased morale and employee retention. Therefore, it is important for organizations to recognize and address cultural biases to avoid these negative consequences.

Failure to Overcome Cultural Biases Can Have Serious Economic _____________