Retaining good workers, irrespective of their diverse backgrounds, is becoming increasingly important because
A) the younger workforce has lower educational qualifications.
B) replacing experienced workers has become more costly.
C) the number of monolithic organizations are increasing.
D) the market demand for labor force is reducing.
E) converting pluralistic organizations into monolithic organizations has become necessary.

Question

Quizplus · Accepted Answer

Replacing experienced workers can be a costly process for organizations due to the expenses associated with recruiting, training, and integrating new employees. Therefore, retaining good workers from diverse backgrounds becomes increasingly important for companies to avoid these expenses and maintain a skilled workforce. The other options are not relevant or accurate reasons for the importance of retaining good workers from diverse backgrounds.

Retaining Good Workers, Irrespective of Their Diverse Backgrounds, Is Becoming