The Primary Purpose of Implementing High-Performance Practices Such as Recruiting,screening,and

question 98

Multiple Choice

The primary purpose of implementing high-performance practices such as recruiting,screening,and training is to ________.

• A) foster a strong organizational culture
• B) create management opportunities for new hires
• C) develop a trained, flexible, and self-motivated workforce
• D) utilize benchmarks to compare personnel AACSBs within an industry

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Definitions:

Opportunity Costs

The loss of potential gain from other alternatives when one alternative is chosen, representing the cost of forgone options.

Goods And Services

The physical items (goods) and activities (services) that satisfy human wants or needs and are available for purchase.

Resources

Materials, money, staff, and other assets that can be drawn on by a person or organization in order to function effectively.

Self-Interested

Behavior driven by personal gain, where individuals act in their own benefit, often leading to markets that work efficiently through the aggregate effects of such behavior.