Explain the three propositions that high-performance work practices (HPWP) are based on.
What will be an ideal response?
The HPWP perspective is based on three propositions:
1. Employees are an important source of competitive advantage. As such, this human capital
is (a) valuable, (b) rare, (c) difficult to imitate, and (d) non-substitutable.
2. The value of this human capital can be increased through the presence of specific
organizational practices. Companies become more effective by investing in employees.
3. Most HPWP experts state that these organizational practices must be bundled together to
maximize their potential. This suggests a synergistic effect, in which these specific activities
are mutually reinforcing.
You might also like to view...
If we are ______ to how others see us, we may be able to make adjustments and become more effective in other person-to-person contacts.
Fill in the blank(s) with the appropriate word(s).
For all inventory systems, physical inventories should be taken
Indicate whether the statement is true or false
Teens patronize big box retailers leaving little room for retailers in between
Indicate whether the statement is true or false a. True b. False
Which of the following best describes costs assigned to the product under the variable costing method?Direct labor (DL)Direct materials (DM)Variable selling and administrative (VSA)Variable manufacturing overhead (VOH)Fixed selling and administrative (FSA)Fixed manufacturing overhead (FOH)
A. DL, DM, VOH, and FOH. B. DL, DM, VSA, and VOH. C. DL, DM, and VOH. D. DL, DM, FSA, and FOH. E. DL and DM.