This may seem ok on paper, but what if I'm a minority business owner running a lean operation and now my crew of three can't land that Coke contract that would've given my business a life line to make it big because my biz is not big enough to be diverse?
1.I doubt Coke hires many 4 person law firms. 2.If the owner is a minorty that's 25%,doubt they would exclude them over 5% when they are giving business to a minority owned business. 3.I think the odds of a minority owned business not having any minority employees are quite low.
It's rare but there's plenty examples of wallstreet throwing a bone to small promising outlets. Usually artist-type work (music, video, adverts, etc..) That's kind of my point, isn't a minority-only business not diversified by default? I guess I'm not sure what entails diverse now a days, woman employee, gay employee, one of every color?
Being minority-owned is sometimes, in and of itself, considered 'a diversification.' Can't say if that's the case here. In a majority White society, a minority-owned business may still be considered to be 'increasing diversity' even if all the employees are minorities. It likely depends on the size of the business.