General Electric generated more wealth than any other company in the history of the world from the early 1980s until 2000.All of the following are contributing factors to this success EXCEPT
A)providing employees with the highest pay in the industry.
B)providing ample support to team members so that all efforts were focused on the work of the team.
C)providing high level training to teams.
D)providing teams the opportunity to "self-manage."

Question

Quizplus · Accepted Answer

The statement "providing employees with the highest pay in the industry" is not a contributing factor to GE's success. While GE did have competitive compensation packages, their success was more heavily attributed to factors such as innovation, strategic leadership, and investment in research and development.

General Electric Generated More Wealth Than Any Other Company in the History