Discuss the various outcomes of a high-performance work system.
What will be an ideal response?
Outcomes of a high-performance work system include higher productivity and efficiency. These outcomes contribute to higher profits. A high-performance work system may have other outcomes, including high product quality, great customer satisfaction, and low employee turnover. Some of these outcomes meet intermediate goals that lead to higher profits. For example, high quality contributes to customer satisfaction, and customer satisfaction contributes to growth of the business. Likewise, improving productivity lets the organization do more with less, which satisfies price-conscious customers and may help the organization win over customers from its competitors. Other ways to lower cost and improve quality are to reduce absenteeism and turnover, providing the organization with a steady supply of experienced workers. In a high-performance work system, the outcomes of each employee and work group contribute to the system's overall high performance. The organization's individuals and groups work efficiently, provide high-quality goods and services, and so on, and in this way, they contribute to meeting the organization's goals. When the organization adds or changes goals, people are flexible and make changes as needed to meet the new goals.
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The distribution of a stock dividend ________.
A) decreases both assets and liabilities B) decreases assets and increase liabilities C) effects only stockholder's equity accounts D) increases both dividends payable and cash
How might a liberal have to respond to the suggestion that some workers might prefer to work at highly routine, unchallenging, and boring jobs?
A. Employers have no choice but to eliminate these jobs. B. These jobs do not necessarily suppress the human faculties of rational and autonomous choice. C. Employers have no obligation to eliminate these jobs. D. While it may be true, on the one hand, that as long as no one is forcing employees to do these jobs, employers don't have to eliminate them, it is also true that accepting the ethical legitimacy of these jobs violates the fundamental values of rational and free choice.
Identify all of Cirque du Soleil’s main resources and capabilities based on the case notes and further research. Complete the analysis by (a) identifying and (b) rating its strategic assets and its distinctive capabilities.
The table below offers an analysis of Cirque’s basic and distinctive resources and capabilities.
The marginal cost of capital
A. is the firm's cost of debt and equity finance. B. is constant given an optimal capital structure. C. declines as flotation costs alter equity financing. D. refers to the cost of additional financing.