Answer:
Benefits:
Diverse cultural perspectives can inspire creativity and drive innovation
Local market knowledge and insight makes a business more competitive and profitable
Cultural sensitivity, insight, and local knowledge means higher quality, targeted marketing
Drawing from a culturally diverse talent pool allows an organization to attract and retain the best talent
A diverse skills base allows an organization to offer a broader and more adaptable range of products and services
Diverse teams are more productive and perform better
Greater opportunity for personal and professional growth
Challenges:
Colleagues from some cultures may be less likely to let their voices be heard
Integration across multicultural teams can be difficult in the face of prejudice or negative cultural stereotypes
Professional communication can be misinterpreted or difficult to understand across languages and cultures
Navigating visa requirements, employment laws, and the cost of accommodating workplace requirements can be difficult
Different understandings of professional etiquette
Conflicting working styles across teams
Explanation:
