ECO 211 Chapter 14: Case 14 Avon

• School: University of Miami
• Department: Economics
• Course: ECO 211
• Professor: Lorca Maria

Document Summary

The company values diversity and has undertaken various programs to ensure that women and minorities have opportunities for development and advancement. Avon also has internal networks of associates (ex: a hispanic network and asian network) that work as liaisons between associates and management to bring their voices to bear on critical issues that affect the workplace and marketplace. They also sought after diverse employees because it would help sales growth: select another retailer that also values diversity. L"oreal is another cosmetic retailer that values diversity. L"oreal"s strives to be open-minded and listen to customers to understand their needs and wants. Part of their mission statement is to provide the best in cosmetics innovation to everyone around the world, which can be accomplished through diversity. They have been a successful company for so many years due to their ability to adapt to changing times.