Which of the Following Terms Refers to a Set of HR

question 9

Multiple Choice

Which of the following terms refers to a set of HR management policies and practices that together produce superior employee performance?

• A) career management system
• B) in-house development system
• C) high-performance work system
• D) management assessment system

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Definitions:

Total Product

The overall quantity of output produced by a firm from a given quantity of inputs, in the context of production theory.

Marginal Product

Marginal product refers to the additional output generated by employing one more unit of a specific factor of production, such as labor or capital.

Marginal Product

The increase in output resulting from a one-unit increase in the quantity of a particular input, holding all other inputs constant.

Total Product

The total output of goods or services produced by a firm or industry within a specified period.