GMS 200 Lecture 1: Week 1 GMS200 Lecture - Chapter 1 Notes

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Omid Jadidi

Document Summary

Workforce diversity reflect differences with respect to gender, age, race, ethnicity, religion, sexual orientation and ablebodiedness. A diverse and multicultural workforce both challenges and offers opportunities to employees. Ma(cid:374)y (cid:272)all di(cid:448)ersity a (cid:862)(cid:271)usi(cid:374)ess i(cid:373)perati(cid:448)e(cid:863) a(cid:374)d (cid:448)ie(cid:449) it as a(cid:374) asset. How diversity bias can occur in the workplace: Cognitive flexibility, role and motivation, productive conflict and increased. Diverse teams allow companies to use all factors needed in order to satisfy customers" needs and wants in the product and services. 2 options that companies have to establish themselves outside of their region; Sending people to other companies in order to learn about the environment and the country (culture) in order to satisfy the needs and wants of the consumers once a business has established itself in that country. Hiring people from the country that you will be locating your business at will help you be successful as they are familiar with everything.