Diversity in Organizations Essay Example | Topics and Well Written Essays - 1000 words

Diversity in Organizations - Essay Example Both these aspects are considered unhealthy for organization’s growth and sustenance. To tackle issues arising from discrimination, organizations have started to adopt diversity management as a tool to tackle discrimination at workplace. This can be best evidenced by the Kosek and Lobel’s model (1996), cited by Mor-Barak and Travis (2005), of diversity management approach through diversity enlargement, diversity sensitivity, cultural audit and strategies for achieving organizational outcomes. Diversity management policies to promote equality in organizations have been widely adopted worldwide, in compliance to legislation and also to derive better business results. However, the results are not uniform across all nations and across same organizations in different regions of the world. Various factors attributing to distinct results and impacts of diversity management policies point to the differing perceptions, attitudes, social behaviors, and interpretations of policies . All these factors describe the diversity climate within the organization. Diversity climate is defined as "organizational members' attitudes and perceptions toward people from cultural groups other than their own." It is important to assess the diversity climate in order for organizations to implement diversity management practices and/or bridge gaps wherever necessary. ... The main questions in the questionnaire include: 1. How would you rate your management/leadership support in terms of communication of opportunities and work performance. 2. To what extent is diversity addressed in formal policies like organizational mission statement, HR policies, practices etc. 3. To what extent do you get opportunities to refer your friends and other members belonging to diverse cultural groups for a job at your workplace? 4. To what extent do you and your colleagues get fair treatment by your supervisors/managers? 5. To what extent do you feel your workplace practices attempt to include all members of the organization. 6. How would you rate the way the organization and your leaders welcomed you when you joined. 7. Do you get adequate resources and support to carry out your work in an appropriate manner? 8. To what extent do the organizational activities encompass different cultural perspectives? 9. How would you rate your overall positive experiences with respect to diversity at workplace? 10. To what extent have you heard someone passing comments that depicted discrimination? This questionnaire could be measured on a 5-point Likert scale, from 1 to 5 (1=Strongly disagree; 2=disagree; 3=neither disagree nor agree; 4=Agree and 5=Strongly Agree). Based on the rating, responses can be categorized into three main categories namely, benefits of diversity, inclusion of diversity policies, and justice with respect to discrimination. This categorization will help in assessing which aspect is outweighing the diversity climate within the organization. Accordingly, necessary actions can be taken in terms of training and diversity management practices. Kossek and Lobel’s

Write a report that answers questions that explore economic analysis Term Paper

Write a report that answers questions that explore economic analysis and modern problems and the economic way of thinking - Term Paper Example It means the amount of maximum money one can charge for providing a product or service. The price, at which the demand of a product in the market equals its supply, is called an Equilibrium Price. Excess demand or excess supply makes Disequilibrium. By putting a Price Ceiling below the Equilibrium Price creates Disequilibrium which will make the demand in excess of supply as is shown in the graph below:- When the government put price ceiling on Cable TV below the current equilibrium price, the demand for Cable TV will increase. During this time if a new service is introduced, which will cost cheaper to the operator, will be readily accepted due to excess demand. This action will lead not only to increase in sales but also in revenues and profits. Perfectly competitive market is the situation where all the factors except demand and supply that affect market price are equal. In this situation, demand of goods and services reduces with the increase in price and demand increases with the reduction in price. This is called Law of Demand as is shown in the graph below. When the demand for the product falls, the prices in the market will start to come down. In the short run, profits of the company will fall and in the long run the number of firms will decrease due to reducing profits. When the demand for the product rises, the prices in the market will shoot up and go high. In the short run, profits of the company will increase and in the long run the number of firms will increase. New firms will be added to produce more products to meet the increased demand. Some long-run average cost curves are steeper on the downward side than others. This happens to the largest firms who tend to have cost advantage. It indicates that the industry is tending to become a monopoly, and hence is called a natural monopoly. Natural monopolies tend to exist in industries with high capital costs in relation to variable costs, such as