Beyond Just Empowering Employees,Jeffrey Pfeffer Suggests That Organizations Place Employees

question 12

Multiple Choice

Beyond just empowering employees,Jeffrey Pfeffer suggests that organizations place employees at the center of their strategy by taking all of the following steps EXCEPT:

• A)develop employment security for a selectively recruited workforce.
• B)pay high wages with incentive pay and the potential for employee ownership.
• C)encourage information sharing and participation with an emphasis on self-managed teams.
• D)emphasize individual training and skill development with little cross-utilization of talent and cross-training.
• E)pursue egalitarianism with little pay compression across units and enable extensive internal promotion.

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Definitions:

Value Added

The increase in worth of a product or service as a result of a particular process, excluding the cost of initial raw materials.

Intermediate Goods

Products used as inputs in the production of final goods, such as raw materials or components, not sold directly to end consumers.

Market Value

The prevailing rate at which a good or service is available for purchase or sale in the open market.

Real GDP

measures the value of all final goods and services produced within a country in a given period of time, adjusted for inflation.