Added insight and cultural sensitivity, and heterogeneity in decision making and problem solving are some of the arguments supporting in the workplace.

diversity  

Explanation:

Diversity is defined as a specific range of people that possesses the different socioeconomic, ethnic, cultural, and racial background and different interests, lifestyles, and experiences.

"Diversity in the workplace" refers to a process that states a specific company's employees encompasses different people having distinct age, ethnicity, sexual orientation, gender, religion, religion languages, race, abilities, cultural background, education, etc.

In the question above, the given statement signifies the "diversity".