If you can find the buying power for each major diversity group. Now, analyze the business case for diversity using these statistics – what are the opportunities and challenges for businesses today? Don’t forget to answer the following questions in a 1-2 page Word document as you complete this informal analysis:

1. What could effective diversity management practices look like?
2. Why is diversity management a profitable initiative?
3. How could a manager learn more about managing a diverse workforce?

You will have to do additional research for this assignment. Please cite all your sources in APA format.