Final answer:
Greater marketing expenditures are not regarded as an advantage of diversity in business. While diversity brings several benefits, such as a wider range of skills and perspectives, it can also necessitate more customized marketing strategies, potentially increasing costs. Nevertheless, the positive aspects like diversification and product differentiation often outweigh these expenses.
Step-by-step explanation:
The question revolves around the topic of diversity and its impact on businesses. Specifically, it prompts the identification of a choice which is not an advantage of diversity in a business setting. Among the options presented, greater marketing expenditures stands out as the answer. While diversity is widely acknowledged for its numerous benefits, such as encouraging a range of skill sets, improving a company's understanding of different markets, and fostering innovation through a variety of perspectives, it can also lead to increased costs in marketing.
This is because targeting a diverse consumer base may require more tailored and thus potentially more expensive marketing strategies. However, this should not overshadow the many advantages that a diverse workforce provides, including expanded talent pools and potential boosts in creativity and problem-solving within organizations. Having a variety-filled environment promotes diversification and product differentiation, which are key for businesses that thrive on innovation rather than the homogeneity that comes with a non-diverse setting.