[SOLVED] Financial Management

Diversity and Financial ManagementDiversity is a critical factor since it promotes effective outcomes based on financial assessment of a corporation. It is possible to assess insurance, financial risk, debt financing, and capital structure. All these subjects are connected to diversity since promotes effective outcomes due to the availability of a variety of talent to pick from. Research reveals that a diverse workforce has been provided to be highly financially profitable (Catalyst, 2020). Issues such as financial risk can get mitigated by ensuring effective outcomes based on capabilities of each employee. A company can develop a productive capital structure by assessing its capabilities and comparing it to the workforce. Once all diversity constraints are mitigated, it is possible to produce high profits.