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Business is concerned with the study of organizations, entities or commercial activity that involves selling goods or services for a profit.

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jainbhavna asked for the first time
in Business·
30 Jun 2023

As a Human Resource Manager, you have been hired by a multinational corporation that operates in multiple countries and employs a diverse workforce. The company has recognized the importance of diversity and inclusion in the workplace and has tasked you with developing and implementing a strategy to foster a more inclusive culture that values differences and promotes equity.
Assignment Question: Drawing on the theoretical frameworks and practical applications of diversity and inclusion in the workplace, critically analyze the current state of diversity and inclusion in the multinational corporation and develop a comprehensive strategy to enhance diversity and inclusion in the organization. Your strategy should consider the following:
1. Define diversity and inclusion, and explain why it is important for the organization to promote these values.
2. Evaluate the current state of diversity and inclusion in the organization, including any barriers to creating a more inclusive culture.
3. Identify specific measures and initiatives that the organization can undertake to foster diversity and inclusion in the workplace, including recruitment and hiring practices, employee training and development, and policies and procedures.
4. Develop a communication plan to effectively communicate the diversity and inclusion strategy to all stakeholders, including senior leadership, employees, and external partners.
5. Evaluate the potential challenges and risks associated with implementing the strategy and provide recommendations for addressing these challenges.
6. Finally, discuss how the organization can measure the effectiveness of the diversity and inclusion strategy and make any necessary adjustments to ensure its ongoing success.
Your assignment should be a maximum of 1500 words and should be supported by a range of relevant academic literature and practical examples of diversity and inclusion strategies in similar organizations.

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fevenw19 asked for the first time
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gs0621477 asked for the first time
in Business·
12 Jun 2023
in Business·
3 Jun 2023
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josecheppad555 asked for the first time
in Business·
3 Jun 2023

 

Entrepreneurship Concepts and Theories

What is an entrepreneur?

An entrepreneur is anyone who attempts a new business venture creation.

 

How is entrepreneurship defined?

Entrepreneurship is defined by the Department of Trade and Industry in 2004 in the UK as anyone who attempts a new business or venture creation.

 

How did Israel Kerzner define entrepreneurship?

Israel Kerzner, a famous Austrian economist, defined entrepreneurship as alertness to profit opportunities. This definition emphasizes the psychological nature of entrepreneurship, which involves assessing risks and coming up with innovative ideas.

 

What is a social entrepreneur?

A social entrepreneur applies business principles for social good and is oriented towards doing something good for the community. The profits from the business are dedicated to providing some service within the community.

 

What is an intrapreneur?

An intrapreneur is a person within an organization who has ideas about what the organization should do, the direction it should follow, the products it should make, and the changes it should bring about. They are enterprising in a large company, seeking opportunities for corporate benefit.

 

What does SME stand for?

SME stands for small to medium-sized businesses.

 

What is the nature-nurture debate?

The nature-nurture debate is about whether our genetic makeup or our upbringing, education, and experiences determine our behavior.

 

Are entrepreneurs born or made?

The debate about whether entrepreneurs are born or made relates to a big debate in psychology about whether we acquire attributes or are born with certain predispositions.

 

What qualities do entrepreneurs possess?

Entrepreneurs possess creativity, innovation, adaptability, problem-solving skills, and a willingness to take risks and have self-belief and determination to bring their ideas to fruition.

 

What is the entrepreneurial spark?

The entrepreneurial spark is the unique ability entrepreneurs possess to see situations differently than others, often identifying opportunities where others do not. They are not constrained by convention and are always questioning the status quo.

 

What is the reality of failure for entrepreneurs?

Most new businesses fail within a few years due to a lack of business acumen or an inability to bring a product to market effectively.

 

What is the entrepreneurial spirit?

The entrepreneurial spirit refers to the behavior, demeanor, outlook, and actions of entrepreneurs which contribute to their success. They are constantly looking for ways to improve products and services, identify opportunities for innovation, and create new demand.

 


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