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High-Performance Work Practices Are Those That Lead to Both High

question 46

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High-performance work practices are those that lead to both high individual and high organizational performance.


Definitions:

Procedural Flexibility

The ability to adapt the processes and rules governing actions or decisions based on the circumstances, often to ensure fairness or efficiency.

Pay Flexibility

The ability of employers to adjust wages based on factors like performance, market conditions, or the company's financial status.

Flexible Employment

Employment arrangements that allow for variability in working hours, job duties, and/or work location to accommodate both employee needs and business demands.

Scientific Management

A management theory developed by Frederick W. Taylor aiming to improve economic efficiency and labor productivity through systematic study of workflows and tasks.

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