MHR 405 Chapter 2: Chapter 2 - MHR 405

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High-performing organizations: organizations that produce extraordinary results and sustain this performance over time. Triple bottom line: an expanded baseline for measuring performance, adding socia l and environmental dimensions to the traditional monetary benchmark. Best-practice methods: the process, practices, and systems that an organization does particulary well and that are widely recognized as improving the organizati ons performance and efficiency in specific areas. Instrumental values: values that represent the acceptable behaviour to be used i n achieving some end state. Terminal values: values that represent the goals to be achieved or the end state s of existance. Power distance: the degree of inequality among people that a culture considers n ormal. Individuals vs. collectivism: the degree to which individuals are expected to be part of a group in their organization or in their society. In-group collectivism: the extent to which members of a society take pride in me mberships in their immediate social group.

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