Which of the Following Is True of High-Performance Work Systems

question 31

Multiple Choice

Which of the following is true of high-performance work systems?

• A) Creating a high-performance work system is akin to traditional management practices.
• B) To function as a high-performance work system, people, technology, and organizational structure must be completely independent of one another.
• C) To develop a a high-performance work system, organizations need to determine what kinds of people fit their needs, and then locate, train, and motivate those special people.
• D) A high-performance work system rarely includes reward systems.
• E) Integrated high-performance work practices usually have little impact on productivity and long-term financial performance.

---

Definitions:

Firm Sales

Firm sales refer to the total amount of revenue that a company generates from the sale of its goods or services within a specific time frame.

Oligopolists

Firms in a market structure dominated by a small number of large companies, having significant control over their industry's prices and policies.

Pure Monopolists

Firms that are the sole providers of a product or service in a market, facing no competition.

Retained Earnings

The portion of a company's profits that is held or retained and not paid out as dividends to shareholders, often used for investing in business growth.