Question

Briefly describe the impact that economic diversity can have on people’s opinions.

Answer 1

Ans) A diverse workforce can capture a greater share of the consumer market. By bringing together individuals from different backgrounds and experiences, businesses can more effectively market to consumers from different racial and ethnic backgrounds, women, and consumers.

- 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.

- The social impact of diversity in Australia has produced net economic benefits in helping to offset population aging, contributing to higher GDP levels, and improving labor productivityho are gaye or transgender.