Mitchell, a small business owner, wants to motivate his employees while also cutting down the high cost of office supplies. He believes that most correspondence, reports and sales receipts can be emailed. Therefore, he has decided to share the benefits of cost savings with his staff as long as they play their part in helping to cut office supply use. Which type of performance-based pay is this scenario an example of?
a. Profit sharing plan of individual-level performance-based pay
b. Profit sharing plan of team- and organization-level performance-based pay
c. Gainsharing plan of individual-level performance-based pay
d. Gainsharing plan of team- and organization-level performance-based pay
d. Gainsharing plan of team- and organization-level performance-based pay
You might also like to view...
Windstar Corp purchased supplies at a cost of $6,000 during the year. At December 31, supplies on hand are $1,400 . Supplies expense for the year was $5,200 . How much were supplies on hand at January 1?
a. $ 2,200 b. $ 11,200 c. $ 1,400 d. $ 600
The hierarchy of strategies implies that a higher level strategy ______.
A. guides the strategy below it B. is guided by the internal environment C. guides tactical decisions in different businesses D. is responsible for product design
Accounting is thought to be the "language of business" because business information is communicated to users
Indicate whether the statement is true or false
A legal separation asks the court to resolve just the child support and child custody issues
a. True b. False