High-Performance Work Systems Have Been Essential in Making Organizations Strong

question 103

True/False

High-performance work systems have been essential in making organizations strong enough to weather the storm of a recession and remain profitable when the economy begins to expand after the recession.

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Definitions:

Environmental Consequences

The positive or negative effects that human actions have on the natural environment, including impacts on air, water, and soil quality.

Corporate Social Responsibility

A business approach that involves participating in initiatives that benefit society.

Economic Recovery

The process through which an economy regains and exceeds the level of growth and activity it had before experiencing a downturn or recession.

Corporate Philanthropy

The act of a corporation donating a portion of their profits or resources to charitable causes.