Bank of America Essay Example for Free

Bank of America EssayIn a workplace where multiculturalism exists is a various(a) and no-hit workplace. Diversity helps workers and customers to do business freely because majority of customers are comfortable to communicate with people from their hold culture. peaceful City Bank a financial company, which is not a diverse bank, has employees from only adept culture and this has made way for customers from the same culture to be comfortable to do business with them. From the higher(prenominal) level C.F.O to the vice president of the company everyone is from the same culture. It is positive fact for the customers from the same culture to thumb comfortable to communicate and have safety when doing business, but there are many negative make of not having miscellany in a workplace. When your doing business in a multicultural country, it is not executable to stick to doing business only with one culture, as the potential of the company cannot be reached. Customers from othe r cultures would not be comfortable to do business, as they cannot understand their language or might feel stunned of place to do business.Whereas Wells Fargo another(prenominal) financial company, which is majorly known for diverse workplace has more benefits compared to Pacific city bank. Customers are more comfortable to bank with Wells Fargo, as they feel comfortable with the choices of diverse people available to communicate with. Wells Fargos main goal is to make their customers comfortable spot banking with them. By hiring diverse employees, their workers will understand basic methods on how to act in front of another employee or customer from different cultures.Wells Fargo respects other cultures and policies. The companys council including the Chairman, C.E.O and other old leaders meet quarterly to establish goals and set up directions when partnering with committee in the areas where there is diversity and market segment diversity. They ensure there is supporting infras tructure and inclusion- related behaviors as the work of entirely versus the work of a few.