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|Question 4 | |A common refrain among executives is “People are our most important asset.” Relate this statement to any two of the four perspectives of organizational effectiveness | |presented ion this chapter. Does this statement apply better to some perspectives than to others? Why or why not? | |Click For Answer |

|Answer 4 | |This is an open discussion question because the statement can relate to all four perspectives of organizational effectiveness. | | Open systems probably the least focus on employees of the four perspectives. People represent the internal subsystems of organizations, so are vital in that respect.| |Some employees are also “boundary spanners” in that they link the organization to the external environment. | | Organizational learning these perspective views employees as reasonably important because they hold a large portion of intellectual capital (human capital and | |possibly some forms of relationship capital). People bring knowledge into the organization and are largely responsible for sharing that knowledge. Knowledge use is | |also ultimately a human endeavor. | | High performance work practices arguably the perspective that views people (employees) as the most critical resource. HPWPs embrace the human capital model; they | |consider employees competitive advantage. HPWPs are practices to leverage or unleash the competitive advantage potential of employees. | | Stakeholder Employees are one type of stakeholder, so the statement applies to this perspective. It recognizes that employees have a vested interest in the | |organization and its actions. | |Question 5 | |  | |Corporate social responsibility is one of the hottest issues in corporate boardrooms these days, partly because it is becoming increasingly important to employees | |and other stakeholders. In your opinion, why have stakeholders given CSR more attention recently? Does abiding by CSR standards potentially cause companies to have | |conflicting objectives with some stakeholders in some situations? | |Click For Answer |

|Answer 5 | |These questions are open to speculation and debate. Some might argue that increasing affluence allows society to raise the bar on companies by demanding more than a | |living wage. Others might point out that environmental problems (e.g. global warming) may have raised...
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