The Hallmarks of a High-Performance Corporate Culture Include a

question 36

Multiple Choice

The hallmarks of a high-performance corporate culture include a

• A)deep commitment to employee training, unusually attractive fringe benefit packages for company personnel, and frequently revised and updated values and ethics statements.
• B)"can-do" spirit, pride in doing things right, no-excuses accountability, and a pervasive results-oriented work climate where people go the extra mile to meet or beat stretch objectives.
• C)strong emphasis on teamwork, strict enforcement of company policies and procedures, and incentive compensation for all employees aligned with a balanced scorecard approach to measuring performance.
• D)deep commitment to pioneering new best practices, a preference for being a fast-follower as opposed to a first-mover or late-mover, and across-the-board bonuses for all personnel when the company meets or beats stretch objectives.
• E)deep commitment to top-notch quality and superior customer service, dedicated use of TQM and/or Six
• F)Sigma quality control programs, and the payment of big performance bonuses and stock options.

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Definitions:

Inflation

The frequency at which the overall pricing of goods and services heightens, eroding the ability to buy.

Price Level

A measure indicating the average price of goods and services in an economy, often compared over time to assess inflation or deflation.

Inflation

The rate at which the cost of goods and services goes up, thereby reducing the purchasing capacity.

Period

A length or portion of time.