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Does gender promote growth of business?
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[QUOTE="Holicent, post: 260966, member: 76163"] [I][FONT=Trebuchet MS] [/FONT][/I][FONT=Trebuchet MS]Gender inequality is a problem in many countries, including the United States. Women are underrepresented in leadership positions, earn less than men do, and have lower rates of business ownership. These factors contribute to gender inequality in the workplace and can have an impact on a company's ability to grow. Gender inequality in the workplace has economic consequences for both companies and employees. For example, research shows that women who work for female-dominated firms are more likely than those who work for male-dominated firms to be promoted into management positions or earn higher salaries. Women who work for male-dominated firms are less likely than those who work for female-dominated firms to receive promotions or higher salaries. The effects of gender inequality on business growth vary depending upon how much gender discrimination exists within an organization, but studies suggest that even moderate levels of gender discrimination can reduce productivity by as much as 20 percent and increase costs by approximately 10 percent.[/FONT] [/QUOTE]
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