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klemol [59]
3 years ago
10

Lease Plan Effectively Manages Diversity

Business
1 answer:
mylen [45]3 years ago
6 0

Answer:

Lease Plan

1) The trend in gender diversity that appears to be most supported by the outcomes of Lease Plan's program changes is:

Increases in seats on boards of directors—in Fortune 550 firms up to 16.6 percent in 2013 from only 9.6 percent in 1995.

2. Thomas's generic action options for managing diversity that is most illustrated in the case is:

include/exclude

3. Based on the information in the case, the barriers and challenges to managing diversity that were identified in the text that appear to have been present at Lease Plan were:

a. an unsupportive or hostile work environment

b. inaccurate stereotypes

Explanation:

Thomas's include and exclude generic action option emphasizes that more diverse employees should be employed in addition to minority-owned companies being used as vendors.  This option makes it possible for embracing and practicing workplace diversity.  It creates an open-minded and supportive workplace, encouraging the sharing of information and the integration of behavior to accept and value human differences, thereby overcoming stereotypes.

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After serving a good number of customers in its home state, Marble Cakes, Inc. has set up business in three other states with ad
gtnhenbr [62]

Answer:

b)Horizontal diversification

Explanation:

Horizontal diversification is defined as the process by which a business starts providing a product that is unrelated to its previous products supplied.

However the market is a similar one.

In the given scenario Marble Cakes, Inc. has set up business in three other states with additional menu options of cupcakes, donuts, and coffees to generate new customers.

The new set of products are completely different from the one initially supplied, but sales is in similar market as before.

3 0
3 years ago
Who is likely to be in favor of a price ceiling on a good?
Karo-lina-s [1.5K]

Answer:

A vast majority of Democrats and a few Republicans. On this recent vote, 11 Republicans voted with the Democrats.

7 0
3 years ago
Suppose United and American both service the New York-Boston route. If they both charge $100 each way, they each get monthly pro
allochka39001 [22]

Answer:

Nash equilibrium exists when both companies charge $100 per ticket and each makes $81,000 in profits.

Explanation:

                                                                   United

                                       ticket price $100        ticket price $200

                                       $81,000 /                    $58,000 /

         ticket price $100                 $81,000                       $123,000

American                                                            

                                        $123,000 /                 $112,000 /

         ticket price $200                   $58,000                   $112,000

United's dominant strategy is to charge $100 per ticket price with expected profits of $81,000 + $123,000 = $204,000. If it charges $200 per ticket, expected profits = $170,000.

American's dominant strategy is to charge $100 per ticket price with expected profits of $81,000 + $123,000 = $204,000. If it charges $200 per ticket, expected profits = $170,000.

Since both companies' dominant strategy is to charge $100 per ticket, then that is the Nash equilibrium.

8 0
3 years ago
Explain the different process for the development of decision making skill?​
frozen [14]
Step 1: Identify the decision that needs to be made. ...
Step 2: Gather relevant information. ...
Step 3: Identify alternative solutions. ...
Step 4: Weigh the evidence. ...
Step 5: Choose among the alternatives. ...
Step 6: Take action. ...
Step 7: Review your decision and its impact (both good and bad)
6 0
2 years ago
Having realistic expectations and thinking about the kind of manager you want to be, not forgetting to manage upward and sideway
wolverine [178]

Answer:

e) transitioning upward in an organization.

Explanation:

Based on the information provided within the question it can be said that this is good advice for those who are transitioning upward in an organization . This is because it allows them to understand how to always perform their best  regardless of the position they are in within the organization, and by doing so giving them better chances to ascend.

8 0
3 years ago
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