Final answer:
True, poor integration of workers from diverse backgrounds can lead to higher costs for organizations, stifling innovation and growth. Diverse and well-integrated teams outperform homogeneous ones, contributing positively to a company's bottom line.
Step-by-step explanation:
The statement that the costs of doing a poor job in integrating workers from different backgrounds can be quite high is True. Organizations that fail to integrate a diverse workforce effectively may incur significant expenses. Fostering a homogeneous work environment can lead to a lack of innovative solutions and growth, which ultimately harms the company's bottom line. Moreover, diverse teams that work well together and are provided with diversity training can outperform teams that lack diversity in terms of creativity and potential for innovation. Additionally, research shows that there can be disruptive effects in specific labor markets due to immigration patterns, which can lead to wage reduction and decreased hours for domestic low-skill workers. However, these effects can be mitigated by regulatory measures such as minimum wage laws and the counterbalancing increase in demand for local goods and services stimulated by immigrants.