Final answer:
Managing diversity in the workplace leads to numerous advantages for companies such as increased creativity, customer service, job satisfaction, and company performance.
Explanation:
Managing Diversity in the Workplace
Effective management of diversity in the workplace involves fostering an inclusive and welcoming environment where employees feel valued and respected. Companies that succeed in managing diversity well tend to experience higher creativity, better customer service, higher job satisfaction, and lower litigation expenses. They also benefit from increased company performance and stock prices.
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