Single stock futures are not as well-known as other types of derivative products in the market. These products offer traders the ability to bet on the future price movement of a specific stock, while being able to minimize the capital requirements in participating in such opportunities. Each contract typically controls 100 shares of stock. Unlike owning the owning the underlying shares, single stock futures do not convey voting rights or dividends. The contract terms call for delivery of shares of the stock by the seller at a specified future time, known as the expiration date. However, most contracts are closed before expiration. To get out of an open long position, the investor simply takes an offsetting short position.
versity and there is still much work to be done said Smith (Panzarino, 2017). This commitment isn’t easy, it takes leadership, rules, execution management and reporting and much more for sure, but with the firm’s mindset that this is the right thing to do for myriad reasons, (M. Biro, 2016). Apple ,of course, is a large company with 130,000 employees worldwide, which means change may happen slowly, (Dickey, 2017). Apple workforce includes a pool of retail employees that Google and Facebook do not have, Reverend Jesse Jackson who once confronted Apple chief executive Tim Cook in 2014, stated: “They are clearly setting the pace, making measurable progress for three consecutive years. They’ve ’acted with intention, not just aspiration”, (M. Todd, 2016). Baha a retail store-leader, born and raised in Turkey, lived in Hong Kong and Taiwan credits international background for the ability to adapt to different cultures and circumstances, and these skills come into play every day, he states: “Biggest responsibility is hiring because who we hire today is our culture tomorrow”, today Apple new hires are even more diverse than current employees, new hires are employees hired in the past 12 months, (Apple, 2018). Younger generations are more diverse in the workforce today than previous generations, millennials are more likely to be racial or ethnic minorities than members of silent generations, due to the large scale of immigration, the rise of racial intermarriage, and differences in fertility patterns across racial and ethnic groups, all contributed to more diversity than prior generations, (M. Biro, 2016). Grace a software engineer at Apple said that: “Apple really cares about doing what’s right, and if an employee believes there’s something more the company could be doing, Apple wants to hear about it”, (Apple, 2018).
How does diversity and equality act as a benefit of business performance and as a competitive advantage for strategies
Managers in public and private organizations are searching for and experimenting with various approaches to more effectively deal with increasing workforce diversity, (Ivancevich and Gilbert, 2000). From this perspective, diversity management is seen as inevitable and an urgently needed strategic response to increasing diversity at a workplace, (Ehrke, Berthold and Steffens, 2014). During 1990’s diversity rhetoric shifted, managing diversity became a business necessity, the nation’s diversity was viewed as key to future prosperity, not only because of the nature of the labor markets, but because a more diverse workforce was thought to produce better business results, and it suggested that groups displaying a range of perspectives outperform groups of like-minded experts, (Herring, 2009).When firms engage to recruit minorities, promote, and practices emphasizing equal employment opportunity, and make managers accountable for the diversity initiatives, minority employees should perceive those activities in a goodwill and in exchange they are expected to reciprocate through entranced workplace affect and reduce withdrawal from the firm, (AVERY et al., 2007). Diversity produces positive outcomes over homogeneity because growth and innovation depend on working together and capitalizing on the differences of people from various backgrounds, diversity also provides a competitive advantage at the firm l
