Which of the Following Statements About a High-Performance Culture Is

question 50

Multiple Choice

Which of the following statements about a high-performance culture is NOT true?

• A) Results-oriented, high-performance cultures are permeated with a spirit of achievement and have a good track record in meeting or beating performance targets.
• B) High-performance cultures often have a low regard for high ethical standards, a strong preference for high-risk strategies, and a slow and methodical approach to responding to changes in the marketplace.
• C) The challenge in creating a high-performance culture is to inspire high loyalty and dedication on the part of employees, such that they are both energized and preoccupied with putting forth their very best efforts to do things right and be unusually productive.
• D) In a high-performance culture, the clear and unyielding expectation is that all company personnel, from senior executives to front-line employees, will display high-performance behaviors and a passion for making the company successful.
• E) In high-performance cultures, there's a strong sense of involvement on the part of company personnel and emphasis on individual initiative and creativity.

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Definitions:

Limited Liability

A legal structure that limits each owner's personal liability to the amount invested in the business.

Share Transferability

The ease with which shares of a company can be transferred or sold from one party to another.

Paid-In Capital in Excess of Par

The amount of capital received from investors for stock, above its par value, also known as additional paid-in capital.

Preferred Stock

A type of stock that gives holders priority over common stockholders in terms of dividend payments and claims on assets in the event of liquidation.