The Impact Of Ethnic Diversity On Economic Growth

This is so because employees who have knowledge on the preferences and tastes of distinguishable cultural communities becomes useful especially when the company is operating in different parts whose inhabitants consist of diverse range of people . much(prenominal) employees can similarly become a straightforward addition especially when dealing with the generation of the new products in the merchandise . By diversifying the human capital in the work domicile , there will be an increased coordination and understanding in issues pertaining to the rights and treatment of employees . This is because leaders will be well knowing with how each and every individual requires to be treated and handled the mien their culture requires to . When workers are treated in a good way in which they expected they are happy and actuate (Kourvetaris Moschonas , 1996 . This then leads to an increase in their output . They will besides be comfortable operative in such an surroundings and thus there will be reduced cases of absenteeism . In essence , there will be less or no loss of an employee since they will be happy working in the same organization for long .

This will hold on the company extra cost which they could have spent in the replacement of their employees and also that which is used for training them after such recruitment . This then will benefit the company and the providence of the country in general Further research has shown that novelty also takes centre stage when matters of allocating resources to assemblages are dealt with (Gupta , 1990 The findings shows that incase a member of the group comes from the same ethnic community with the group leader or the manager of the group they have an fastness hand in accessing and obtaining the group s resources e .g . loans . The report also states that the group members who come...If you want to get a full essay, enact it on our website: Orderessay

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