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Identify and state the historical significance of the following:
-Philip II
High-Performance Work Systems
High-performance work systems refer to a set of management practices that maximize employee effectiveness by combining recruitment, training, and incentives.
Employee Turnover
The rate at which employees leave a company and are replaced by new employees, which can impact organizational efficiency and morale.
Financial Performance
An assessment of how well an organization is utilizing its assets to generate profits and cash flow.
Organizational Benefits
Advantages that accrue to a company or institution, ranging from improved efficiency and productivity to enhanced reputation and employee wellbeing.
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