One Reason ViviTech Has Adopted a High-Performance Work System Was

question 43

Multiple Choice

One reason ViviTech has adopted a high-performance work system was to develop and harness skills, knowledge, and abilities that are not equally available to all organizations. Which of the following criteria does this describe?

• A)Valuable
• B)Rare
• C)Organized
• D)Difficult to imitate

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Definitions:

Federal Budget Deficit

The financial situation where the federal government's expenditures exceed its revenues within a given fiscal year.

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Budget Deficit

The financial situation where a government's expenditures exceed its revenues within a specific period, leading to borrowing or debt accumulation.

Tax Revenues

Represents the income that is gained by governments through taxation.