In celebration of National Women’s History Month during March 2017, test your knowledge about professional women in the United States. Women continue to make incredible, often-unnoticed strides in the business world, and the answers may surprise you! From mothers on the move, to rising numbers of women in executive roles, find out more about how U.S. American women are excelling.
1. Gender diversity within business is associated with increased sales revenue, larger customer bases, and greater relative profits. (University of Illinois at Chicago)
2. There are 21 women running Fortune 500 companies currently; down from 24 in 2014. (FORTUNE)
3. 58% of the U.S. Commercial Banking workforce is female. (U.S. Equal Employment Office)
4. Approximately 30% of U.S businesses are owned by women (Women Business Statistics)
5. The fastest growing women-owned company in the U.S. is S’well, an upscale water bottle company, with $50 million dollars in revenue in 2015. (Fortune)
6. Mothers are 15% more interested in being a Top Executive, than women without children. (Lean In)
7. The latest statistic reveals half of Black women, and two-thirds of white, Asian, and Hispanic women, say they have received senior-level support in advancing their career. (Lean In)
8. For the first time in history, women are more likely than men to have a bachelor’s degree. ( 2015 U.S. Census)
9. If women in the U.S. received equal pay with comparable men, poverty for working women would be reduced by half (2016 Status of Women Data)
10. If U.S.-based women-owned businesses were their own country, they would have the 10th largest GDP in the world. (Center for Women’s Business Research)
Answer Key: 1. T. 2. T. 3. T. 4. T. 5. T. 6. T. 7. T. 8. T. 9. T. 10. F, It would be the 5th largest
Sharon Schweitzer, J.D., is a cross-cultural trainer, modern manners expert, and the founder of Protocol & Etiquette Worldwide. In addition to her accreditation in intercultural management from the HOFSTEDE centre, she serves as a Chinese Ceremonial Dining Etiquette Specialist in the documentary series Confucius was a Foodie, on Nat Geo People. She is the resident etiquette expert on two popular lifestyle shows: ABC Tampa Bay’s Morning Blend and CBS Austin’s We Are Austin. She is regularly quoted by BBC Capital, Investor’s Business Daily, Fortune, and the National Business Journals. Her Amazon #1 Best Selling book in International Business, Access to Asia: Your Multicultural Business Guide, now in its third printing, was named to Kirkus Reviews’ Best Books of 2015. She’s a winner of the British Airways International Trade Award at the 2016 Greater Austin Business Awards.