MGMT 3610 Lecture Notes - Lecture 16: Ronald Wayne, Virtual Reality, Social Science Research Network

, and 1. When an organization has the right combination of that makes full use of its resources and opportunities in achieving its goals it is said to function as a high-performance work system a) capital, cashflow, managers b) customers, cash, confidence c) recruiting, retention, union relations d) people, technology, structure e) none of the choices are correct

1. Which of the following is a reason that training and development are key ingredients to the competitiveness of firms? a) Rapid change e.g. technology, requires employees continually learn new skills b) The new psychological contract has created the expectation that employees invest in their own career development c) Growing reliance on teamwork creates a demand for the ability to solve problems in teams d) Diversity and globalization require that employees be able to work well with people who are different from them e) All of the choices are correct