A Set of Management Practices That Attempt to Create an Environment

question 35

Multiple Choice

A set of management practices that attempt to create an environment within an organization where the employee has greater involvement and responsibility is:

• A) HPWS
• B) SHRM
• C) e-HRM
• D) Major critical success factors

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Definitions:

Intangible Benefits

Non-quantifiable advantages provided by goods or services, such as brand reputation or employee satisfaction.

Discount Rate

The rate used within discounted cash flow assessments to ascertain the present-day value of anticipated cash flows.

Net Present Value

A calculation that determines the value of a series of future cash flows in today's dollars, taking into account the time value of money.

Automated Equipment

Equipment that operates with minimal human intervention, using technology to perform tasks that would otherwise require manual effort.