The CFO of ABC Company forms a top-management team to develop the strategic marketing plan for the organization and selects members who possess different expertise, skills, knowledge, and experience. The team, in this case, has been created with emphasis mainly on .

Diversity

Explanation:

Diversity: It is referred to as the culture where all the differences of people are accepted as every individual is unique and they should be accepted with their differences and treated equally in all aspects. Diversity has multiple dimensions of race, caste, religion, gender, age, physical abilities, socio-economic status, etc.

In the given case, the company´s top management has developed marketing strategic plan for the organization and selected members with different expertise, skills, knowledge, and experience, therefore, they create diverse cultures or diversity in the company.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

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