The Hallmarks of a High-Performance Corporate Culture Include

question 83

Multiple Choice

The hallmarks of a high-performance corporate culture include

• A) frequently revised and updated values and ethics statements,a deep commitment to employee training,and unusually attractive fringe benefit packages for company personnel.
• B) a "can-do" spirit,pride in doing things right,no-excuses accountability,and a pervasive results-oriented work climate where people go the extra mile to meet or beat stretch objectives.
• C) a balanced scorecard approach to measuring performance,strong emphasis on teamwork,strict enforcement of company policies and procedures,and incentive compensation for all employees.
• D) a deep commitment to pioneering new best practices,a preference for being a fast follower as opposed to a first mover or late mover (because the risks are more acceptable),and across-the-board bonuses for all personnel when the company meets or beats stretch objectives.
• E) a deep commitment to top-notch quality and superior customer service,dedicated use of TQM and/or Six Sigma quality control programs,and the payment of big performance bonuses and stock options.

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Definitions:

Shelter Principle

The principle that the holder of a negotiable instrument who cannot qualify as a holder in due course (HDC), but who derives his or her title through an HDC, acquires the rights of an HDC.

HDC Status

HDC status refers to being recognized as a Holder in Due Course, which grants certain legal protections in the context of financial instruments, emphasizing good faith acquisition and the absence of knowledge of defects.

Holder

An individual or entity that legally possesses a negotiable instrument, like a check or a bill of exchange.

Notice

A formal indication or announcement given by one party to another regarding a legal obligation or process.