The Philadelphia Stock Exchange is not one of the leading U.S. Stock exchanges today.There are many stock exchanges in the United States that allow the buying and selling of various securities like stocks, bonds, options, futures, and more.
Among these, the most prominent stock exchanges are the New York Stock Exchange (NYSE), the NASDAQ (National Association of Securities Dealers Automated Quotations), and the American Stock Exchange (AMEX). These three stock exchanges are among the leading stock exchanges in the United States.In contrast to these three stock exchanges, the Philadelphia Stock Exchange is not one of the leading stock exchanges in the United States today. However, it was one of the oldest stock exchanges in the United States before it ceased operations in 2008.
Before it was acquired by NASDAQ OMX in 2007, the Philadelphia Stock Exchange was the oldest exchange in the United States that was trading options.The Philadelphia Stock Exchange has been around since 1790, and it was formerly known as the Board of Brokers of Philadelphia. The stock exchange traded mainly options on stocks and indexes like the S&P 500.
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11-6 discuss the following statement: if a firm has only independent projects, a constant wacc, and projects with normal cash flows, the npv and irr methods will always lead to identical capital budgeting decisions. what does this imply about the choice between irr and npv? if each of the assumptions were changed (one by one), how would your answer change?
If a firm has only independent projects, a constant WACC (Weighted Average Cost of Capital), and projects with normal cash flows, the NPV (Net Present Value) and IRR (Internal Rate of Return) methods will always lead to identical capital budgeting decisions.
1. When a firm has only independent projects, it means that the cash flows from one project do not depend on or affect the cash flows of another project. Each project can be evaluated individually without considering any interdependencies.
2. A constant WACC assumes that the cost of capital for the firm remains the same for all projects. This makes it easier to compare the profitability of different projects as they are being evaluated using the same discount rate.
3. Projects with normal cash flows refer to cash flows that have an initial cash outflow (investment) followed by a series of positive cash inflows (returns). These cash flows follow a conventional pattern, which makes them easier to analyze and interpret.
When all these assumptions hold true, the NPV and IRR methods will always lead to the same capital budgeting decisions. Both methods consider the time value of money and provide measures of a project's profitability. NPV calculates the present value of the project's cash flows by discounting them using the WACC, while IRR calculates the discount rate at which the present value of the cash flows equals zero.
Since the WACC is constant and the cash flows are normal, the NPV and IRR methods will yield the same result. If a project's NPV is positive, its IRR will also be greater than the WACC. Conversely, if a project's NPV is negative, its IRR will be lower than the WACC. In both cases, the decision will be to accept or reject the project based on its profitability.
In the specific scenario where a firm has only independent projects, a constant WACC, and projects with normal cash flows, the NPV and IRR methods will always lead to identical capital budgeting decisions. This implies that there is no preference or advantage in choosing one method over the other.
However, if any of these assumptions were changed, the choice between IRR and NPV could become relevant. For example, if projects are not independent, the timing and magnitude of cash flows can affect the IRR and NPV differently. Similarly, if the WACC is not constant or if the cash flows are not normal, the NPV and IRR may diverge, leading to different capital budgeting decisions.
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Trent is drawing a diagram of his house for a school project. He decides that every 5 feet in real life should be 2 inches in the diagram. Trent’s living room is 15 feel long. How long should Trent’s living room be in his diagram.
Using simple mathematical operations we know that 15 feet in real will be 6 inches in the Treant's drawing.
What are mathematical operations?A rule that specifies the right procedure to follow while evaluating a mathematical equation is known as the order of operations.
Parentheses, Exponents, Multiplication and Division (from Left to Right), Addition, and Subtraction are the steps that we can remember in that order using PEMDAS (from left to right).
So, we know that:
5 feet in real is 2 inches in the drawing.
Then, 15 feet in real would be:
5 * 3 = 15 feet
Similarly,
2 * 3 = 6 inches
Therefore, using simple mathematical operations we know that 15 feet in real will be 6 inches in the Treant's drawing.
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Calculate the net present value and profitability index of each machine. Assume a 9% discount rate. BAK Corp. is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currently isn’t equipped to do. Estimates regarding each machine are provided below. Machine A Machine B Original cost $75,500 $190,000 Estimated life 8 years 8 years Salvage value 0 0 Estimated annual cash inflows $19,600 $40,000 Estimated annual cash outflows $4,990 $9,970
Based on the calculations, the Net present value of Machine A is $706 while that of Machine B is -$32,538. Thus, Machine A is preferable as it has a positive NPV and a profitability index greater than 1.
The net present value (NPV) and profitability index (PI) of each machine , we need to discount the future cash flows to their present value using the given 9% discount rate. Here are the steps for each machine:
Machine A:
Calculate the annual net cash flow: $19,600 - $4,990 = $14,610
Use the formula for present value of an annuity to calculate the present value factor for an 8-year annuity at 9%: PV factor = \(= [1 - (1 + r)^{(-n)] / r\\\\=[1 - (1 + 0.09)^(-8)] / 0.09 \\= 5.2061\)
Calculate the present value of the annual cash flows: PV = $14,610 x 5.2061 = $76,206
Calculate the net present value : NPV = $76,206 - $75,500 = $706
Calculate the profitability index: PI = PV of future cash flows / initial investment = $76,206 / $75,500 = 1.01
Machine B:
Calculate the annual net cash flow: $40,000 - $9,970 = $30,030
Use the formula for present value of an annuity to calculate the present value factor for an 8-year annuity at 9%: PV factor =
\(= [1 - (1 + r)^{(-n)] / r\\\\=[1 - (1 + 0.09)^(-8)] / 0.09 \\= 5.2061\)
Calculate the present value of the annual cash flows: PV = $30,030 x 5.2061 = $157,462
Calculate the net present value : NPV = $157,462 - $190,000 = -$32,538
Calculate the profitability index: PI = PV of future cash flows / initial investment = $157,462 / $190,000 = 0.83
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income from continuing operations before tax $ 155 loss on discontinued operation (pretax) 32 temporary differences (all related to operating income): accrued warranty expense in excess of expense included in operating income 10 depreciation deducted on tax return in excess of depreciation expense 25 permanent differences (all related to operating income): nondeductible portion of entertainment expense 5 the applicable enacted tax rate for all periods is 25%. how much tax expense on income from continuing operations would be reported in hobson's income statement
Tax expense on income from the continuing operations tthat would be reported in Hobson's income statement is $46.25.
Tax expense is the amount of income tax owed by a company or an individual for a given accounting period. It is reported as an expense on the income statement and represents the amount of tax liability that the company or individual is expected to pay to the government based on their taxable income for that period. The tax expense is calculated by applying the applicable tax rate to the taxable income. The tax expense can be affected by various factors, including temporary and permanent differences between accounting and tax rules, tax credits, tax exemptions, and tax carryforwards.
To calculate the tax expense on income from continuing operations for Hobson's income statement, we'll need to consider the relevant components of taxable income and the applicable tax rate.
1. Start with income from continuing operations before tax: $155
2. Determine the net temporary differences: accrued warranty expense in excess of operating income ($10) + excess depreciation expense ($25) = $35
3. Adjust the income from continuing operations for the temporary differences: $155 + $35 = $190
4. Adjust for permanent differences (nondeductible portion of entertainment expense): $190 - $5 = $185
5. Apply the enacted tax rate of 25% to the adjusted taxable income: $185 * 0.25 = $46.25
So, the tax expense on income from continuing operations that would be reported in Hobson's income statement is $46.25.
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Attention:
I repost these questions for your actions: Those answers were wrong!
The newly appointed plant HR Manager officially starts in India. Her first objective is to complete a thorough HR audit and review details at the site-specific level. While many details are missing, her review reveals that historical turnover trends show over 80% of turnover was caused by involuntary separation. How should the HR Manager proceed?
The HR Manager should contact all former employees who left within the last 12 months and conduct an exit interview. This will help her best understand the actual reasons for their exit.
The HR Manager should review the selection procedures as well as specific knowledge and skills currently held by management to evaluate if better training and supervision is required.
The HR Manager should contact local competitors for a market analysis and determine if 80% involuntary turnover is common in the local market.
The HR Manager should prepare a site-wide presentation reviewing company benefits and really encourage the new site to consider what great benefits are offered to them if they remain employed with E-Tronics.
Alliance Data is a new start-up looking to rival E-Tronics in a highly competitive market. While the company only has 150 employees, business leaders would like to use some of the most recent high tech solutions as a way to get ahead of the game. They recommend to HR to go all in and invest in the best and most sophisticated planning systems available. How can HR best respond to business leaders in this scenario?
Although technology and tools are useful for a more robust process, simple stage I modeling that reduces cost and hassle can be just as effective for a small company looking to grow. HR will stick with stage I modeling.
The only way to bring in better talent and manage systems more effectively is through sophisticated human resource planning systems. HR will invest heavily in systems used by large, successful corporations.
If Operations is willing to pay for sophisticated human resource planning systems and the necessary resources to manage the process, HR will agree to the new implementation.
Rather than using sophisticated systems, HR will adopt quick rules of thumb based on the past experiences of each employee. Given the maturity of the business, a stage II model will provide the most success.
In the first scenario, the HR Manager should conduct exit interviews to understand the reasons for involuntary separations. In the second scenario, HR should consider the company's size and growth stage before investing in sophisticated planning systems, opting for simpler models or rules of thumb.
Both approaches focus on gathering insights and making strategic decisions tailored to the specific situations.
In the first scenario, the HR Manager should prioritize conducting exit interviews with former employees who left within the last 12 months. This will provide valuable insights into the reasons behind the involuntary separations and help identify any underlying issues that need to be addressed. By directly gathering feedback from the employees, the HR Manager can gain a better understanding of the specific factors contributing to the high turnover rate and formulate appropriate strategies to mitigate it.
Regarding the second scenario, the HR department needs to carefully consider the size and stage of Alliance Data as a new start-up. While sophisticated planning systems may be beneficial for larger corporations, it might not be the most practical or cost-effective solution for a smaller company with only 150 employees. Instead, HR can suggest focusing on simpler stage I modeling or quick rules of thumb based on past experiences to streamline processes and reduce costs. This approach can still yield effective results and help Alliance Data manage its resources efficiently as it grows and matures in the competitive market.
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In a balanced balance sheet, if liabilities are $2,000 and owner’s equity is $3,300, what must assets be ____?
$5,300
$2,000
Not enough information to determine assets
$3,300
Answer:
5300
Explanation:
assets=equitys +liabilities
What are 3 key takeaways you have about investing in a 401(k) plan that will help you when you’re ready to make this decision in the real world?
Explanation:
1. Always be sure to contribute enough to a 401(k) to qualify for matching contributions from your employer.
2. Be aware of the underlying costs and fees of the various investments within your retirement plan.
3. You can contribute to both a personal IRA and a 401(k) plan at work.
A 401(k) plan is a type of retirement savings plan sponsored by an employer. It allows employees to contribute a portion of their pre-tax salary to a retirement account, which is then invested in a selection of mutual funds, stocks, bonds, and other assets.
These contributions and the earnings on them grow tax-deferred until they are withdrawn, typically in retirement.
One of the key benefits of a 401(k) plan is that many employers offer a matching contribution, which can help boost the account balance.
Additionally, 401(k) plans often offer a range of investment options and allow for convenient automatic contributions, making it easier for individuals to save for retirement. However, there may be fees associated with the plan, and early withdrawals may result in penalties.
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A TV commercial says you should give to the Red Cross to help the refugees from the Ukraine because the need is so great and it is right for you to do this. What kind of appeal is this?
a.
rational
b.
sociocultural
c.
moral
d.
political
The appeal in the TV commercial is a moral appeal, as it is encouraging people to give to the Red Cross to help the refugees from Ukraine because it is the right thing to do.
The commercial is appealing to people's sense of moral duty and responsibility to help those in need. This type of appeal relies on ethical and moral principles to persuade individuals to take action.
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All of the following statements regarding liability losses are correct, except: A Property damage includes physical damage to tangible property, including loss of use of that property B Bodily injury includes personal injury, physical injury, sickness and disease C Personal injury includes libel, slander, and false arrest D Loss of consortium means the loss of companionship of a husband or wife
Answer: D. Loss of consortium means the loss of companionship of a husband or wife
Explanation:
For the purposes of liability losses, loss of consortium does not refer to the loss of companionship of a husband and wife but rather refers to when the spouse is injured or killed due to negligence on the part of the defendant.
There is therefore no loss of companionship. For the purposes of liability losses, property damage does indeed include physical damage to tangible property and bodily injury does include personal injury. Libel and slander are also considered personal injury.
a(n) is a group of managers and employees who work together because they possess similar skills and experience or use the same kind of knowledge, tools, or techniques to perform their jobs.multiple choice question.top management teamdepartmentorganizationhierarchy
The correct option is B, department. This term department describes a group of managers and workers who work together because they possess similar skills and experience or use the same kind of knowledge, tools, or ways to perform their jobs.
A department is a functional unit within an association that's responsible for a specific set of tasks or functions. Members of a department generally have analogous ideas and experience and work together to achieve common pretensions. Departments can be organized in numerous ways, similar as by product, terrain, or function.
By grouping together workers with analogous ideas and knowledge, departments can optimize their performance and ameliorate their effectiveness in carrying out their tasks.
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The correct question is:
Which term describes a group of managers and employees who work together because they possess similar skills and experience or use the same kind of knowledge, tools, or techniques to perform their jobs?
A. Top management team
B. Department
C. Organization
D. Hierarchy
Bob is interested in examining the relationship between the number of bedrooms in a home and its selling price. After downloading a valid data set from the internet, he calculates the correlation. The correlation value he calculates is only0.05. What does Bob conclude?
a. Bob gives up on his research becauser=.05means there is no relationship of any kind between bedrooms and selling price. b. Bob continues his research because even though there is no linear relationship here, there could be a different relationship.
OPtion B is correct. Bob continues his research because even though there is no linear relationship here, there could be a different relationship.
What does bob concluded?Although the correlation value he obtained is only 0.05, Bob should select option (b) and continue his research because it does not necessarily imply that there is no connection between the number of rooms and the selling price. Although a linear model cannot account for all possible relationships between two variables, a coefficient of correlation of 0.05 implies a weak positive link between the two variables. The selling price can be influenced by additional factors as well, which could account for the weak association. In order to comprehend the connection between both the number of beds and the selling price, Bob needs investigate the data in more detail and take into account different statistical methodologies.
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the higher the value of a user's overall investment, the more they are likely to consider the staying power of any offering before choosing to adopt it. group of answer choices true false
True, because the higher the value of a user's overall investment, the more likely they are to consider the durability of each offering before choosing to adopt it.
Investment is the activity of placing capital in the form of money or other valuable assets into an object, institution, or party with the hope that the investor or investor will benefit after a certain period of time. Generally, funds or assets invested by an investor will be developed by the agency or party that manages it. The profits from the development will be distributed to investors as a return in accordance with the provisions between the two parties.
Economically, in investing, investors will buy something that will not be used now. Something that is purchased is stored as property which after a certain period of time can change in value. Investment does not always lead to profit. There is also a risk of loss in investing.
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Which resource can you use to view businesses or suppliers divided into different categories?
You may use online or offline _________
to view businesses or suppliers classified into different categories.
Answer:
yellow pages
Explanation:
It's "Yellow Pages" :)
I got it right on plato <3
Your roommate told you she doesn’t need renter’s insurance because her parent’s homeowner’s policy covers her stuff. Is she correct? Explain your answer.
Answer: no she is not correct because if she has her own house or apartment then no she is not on homeowner's insurance. now she has to get her own.
Explanation:
hope this helps.
The roommate should not be correct.
What is insurance?Insurance represents the arrangement where the company or the government agency gives the guarantee with respect to the compensation for the particular loss, damage and in return, the payment should be made with respect to the premium. Also, she is not correct since she has her own house so it is not the homeowner insurance.
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What are the 3 significant types of insurance that are involved in Marine
insurance
Answer:
Liability Insurance.
Hull Insurance.
Freight Insurance.
a manager noticed that, although her new customer service team was performing well overall, several members were complaining of social loafing. what is probably the best way for this manager to reduce social loafing for this team?
The act of an employee choosing to work alone rather than in a group is known as social loafing. When working alone, the employee’s performance is noticeably better.
Therefore, if Shane’s goal is to increase the performance of the worker who was social loafing, it is essential that they go through administrative training where concepts like teamwork must be stressed.Social loafing is the tendency to put up less effort in a group setting than when one is by oneself. They therefore don’t need to work as hard while they are together because they are fairly excellent at it; yet, when they are by themselves, they do. The coach may wish to rate their performance to stop this because that will encourage them to work more.When people refuse to contribute or work less hard to complete a group task because they believe there are others around who can complete it, this behaviour is known as social loafing. However, in practise, these people could contribute to or complete a task if they were the only ones in charge.Here, Elena is working on a group project for her computer science class with some people .
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When you complain to your supervisor that the new company software is not working correctly, you are using downward communication
O True
O False
Because downward communication occurs when information and messages flow down through an organization's formal chain of command.
Hope it helps...Answer:
False
Explanation:
downward communication is the flow of information and messages from a higher level inside an organization to a lower one.
Listeners can show interest to the speaker by _____ occasionally while listening.
nodding
both a and c
looking away
interrupting
The federal government's TARP program was designed to buy banks' mortgage backed securities. According to the plan, this would result in _____. (Select all that apply. )
- decrease in foreclosures
- restored liquidity to the money markets
- additional tax benefits to some companies
- more stable economy
The federal government's TARP program was designed to buy bank's mortgage-backed securities. According to the plan, this would result in a more stable economy.
What do you mean by the federal government?A federal government is a type of national government in which governments have the power to delegate the power to other members of states.
The Troubled Asset Relief Program was instituted by the U.S. Treasury to stabilize the financial system by having the government buy mortgage-backed securities and bank stocks.
Therefore, D is the correct option.
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What is the primary reason there is greater inconsistency in services than in tangible goods?.
Answer:the people who provide services vary in capability or daily performance.
Explanation:
Write any 4 points regarding the nature of target customers, which in the present times has led to the growing importance of ‘Persuasive function of Promotion'? MARKETING
Answer:
A target customer profile is simply a specific group of customers most likely to respond positively to your promotions, products, and services. 4 points regarding the nature of target customers:
What kind of people we’re looking?Where to find them?What our customers want from our brand, to adapt our value proposition so that our brand is relevant to a specific need or problem?How they compare and choose products to adjust marketing campaigns to make our offering seem the most compelling?Digital marketing has led to the growing importance of ‘Persuasive function of Promotion' because customers can learn about promotions from home and even compare the campaigns.
Explanation:
Persuading function of Promotion is to motivate customers to buy products under promotion due to intense competition among different industries producing similar types of products.
When a coworker tells Adam that he needs to work on his cashiering skills, Adam tells her to mind her own business. Adam is displaying _______. a. constructive criticism b. acceptance c. defensiveness d. solution orientation
Answer:
C. Defensiveness
Explanation:
Report the other answer because we're speaking English for the answers lol
Edge 2021
Answer:
C. Defensiveness
Explanation:
Correct.
Which statement explains how a credit card is a form of financial exchange?
A credit card can be used to pay for goods, and the charges are immediately deducted from the user's account.
A credit card can be used to pay for services, and the user agrees to pay these charges at a later time.
Each credit card has a certain monetary value, which users exchange with each other like currency.
Credit cards are paper documents that users write on to indicate the amount being paid to a merchant.
Answer:
A credit card can be used to pay for goods, and the charges are immediately deducted from the user's account.
If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
The ____ price indicates how much the market maker will pay per share to buy a stated quantity of the stock, while the ____ price indicates the price per share at which it will sell the same stock. Ask; bid say on pay; spread spread; say on pay bid; ask
The Bid price indicates how much the market maker will pay per share to buy a stated quantity of the stock, while the Ask price indicates the price per share at which it will sell the same stock.
What is the bid and the ask price?In the financial markets, the Bid price and Ask price are the two prices that are most commonly quoted for a security, such as a stock or a bond. The Bid price is the highest price that a buyer is willing to pay for the security, while the Ask price is the lowest price that a seller is willing to accept for the security.
Therefore, the correct answer is "Bid; Ask". The difference between the Bid and Ask price is called the Spread.
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How can expectations about the future change consumer behavior?
Expectations about the future can significantly impact consumer behavior, which can in turn impact the overall economy.
Future expectations can have a significant impact on consumer behaviour in a variety of ways:
Purchasing decisions: Consumers' purchasing decisions may be influenced by their future expectations. For example, if they anticipate future price increases, they may buy more goods and services now to avoid paying higher prices later.Saving and investing: Consumers' saving and investing behaviour may be influenced by their future expectations. If they anticipate an improvement in economic conditions, they may be more likely to save and invest for future opportunities.Borrowing and lending: Future expectations can also influence borrowing and lending behaviour. For example, if consumers anticipate rising interest rates in the future, they may be more willing to borrow money now to take advantage of lower rates.Economic activity: Future expectations can have an impact on overall economic activity. Consumers may be more cautious with their spending if they expect economic growth to slow in the future, which could lead to a decrease in economic activity.Overall, future expectations can have a significant impact on consumer behaviour, which in turn can have an impact on the overall economy.
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What is the name for the process that marketers use to plan, develop, execute, and evaluate coordinated, measurable, persuasive brand communication programs over time to target audiences?
Answer:
Integrated Marketing Communication
Explanation:
As the name implies, the concept of integrated marketing communication is aimed at leveraging the power that comes with the synergy between different marketing and communication tools and services such as consistent and repetitive advert placement, sales and promotional offers, coordinated and friendly marketing campaigns, and son on, all these carefully and strategically tailored towards the gradual and steady capture of a specific target audience over a certain period of time. These integrated marketing strategy or procedure is aimed towards such audience so that it would cover all aspects of the consumers wants in other to ultimately impact their deciak making and adoption of the product or services.
Megan is already looking ahead to graduation and a job, and she wants to buy a new car not long after her graduation. If after graduation she begins an investment program of $2,300 per year in an investment yielding 6 percent, what will be the value of the fund after three years? (Hint: Use Appendix A.3 (Links to an external site.) or the Garman/Forgue companion website.) Round Future value of Series of Equal Amounts in intermediate calculations to four decimal places. NO cents! DOLLARS ONLY
Answer:
$ 7,322
Explanation:
$2300 per year is an annuity investment. The formula for future annuity value is as below
FV = A × (1 + r)^n - 1 / r
Where A = amount invested periodically
r = interest rate, 6% or 0.06
n = 3 years
Fv = $2300 x{ (1 +0.6)^3 -1} /0.06
Fv = $2300 x (1.191016-1) /0.06
Fv = $2300 x ( 0.191016/0.06)
Fv = $2300 x 3.1836
Fv= $ 7,322.28
Fv= $ 7,322
What is improved oven? in your own words.
Answer:
improved oven means improved cooking
Choose the four diversity in the workplace issues from the list below. Remember to choose four!
Ethnic groups
Role of women
Older workers
Physically challenged
Increase advertising
Raise the profit margin
Answer:
Ethnic groups
Physically challenged
Role of women
Older workers
Explanation:
Diversity in the workplace refers to the employers' deliberate efforts to employ individuals with varying traits. A workplace that embraces diversity will have employees of different religions, races, gender, sexual orientations, educational backgrounds, and other attributes.
Employees with different backgrounds bring on-board different experiences and perspectives, which enhance the quality of decisions. Having a variety of views and opinions results in higher creativity.