High Performance Work Systems Are Mutually Supporting Human Resource Practices

question 127

True/False

High performance work systems are mutually supporting human resource practices that combine flexibility with employee involvement.

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Definitions:

Managing Partner

A member of a partnership who has the authority and responsibility for managing the everyday operations of the business.

Partnership Assets

Assets or property owned jointly by partners in a business partnership, used for the business’s operations.

Fiduciary Duty

An obligation to act in the best interest of another party. For instance, a fiduciary duty exists between a trustee and the beneficiaries of the trust.

Competing Business

An enterprise engaged in the same industry or market as another business, striving to achieve superiority in sales, product, and presence.