The Primary Principles That Support High Performance Work Systems Are

question 2

True/False

The primary principles that support high performance work systems are teams,empowerment,and hierarchy.

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Definitions:

Marginal Costs

The additional cost incurred in the production of one additional unit of a good or service.

Economic Decisions

The choices made by individuals, firms, or governments regarding the allocation of resources to satisfy needs and desires.

Corporate Owners

Individuals or entities that legally own shares of stock in a corporation, thus holding ownership interests in the company.

Corporate Managers

Individuals responsible for making strategic and operational decisions in a company, aiming to achieve organizational objectives.