A Scanlon plan is a type of ______ compensation plan.
A. pay-for-knowledge
B. pay-for-performance
C. benchmarking
D. gainsharing
E. profit-sharing
D. gainsharing
Gainsharing is the distribution of savings or "gains" to groups of employees who reduced costs and increased measurable productivity. A Scanlon plan is a type of gainsharing plan first used in the steel industry. With a Scanlon plan, cost savings are shared with employees.
You might also like to view...
An increase or decrease in cash results from a combination of the operating, investing, and capitalizing activities of a business
a. True b. False Indicate whether the statement is true or false
Which of the following statements about international opportunities in marketing is true?
A. International trade is decreasing worldwide. B. Only large firms can engage in international marketing. C. There is no need to consider international opportunities when the domestic market is prosperous. D. A product with slow sales growth in a domestic market may experience faster growth in another country. E. All of these statements about international opportunities in marketing are true.
An asset's book value is $18,200 on December 31, Year 5. The asset has been depreciated at an annual rate of $3200 on the straight-line method. Assuming the asset is sold on December 31, Year 5 for $15,200, the company should record:
A. Neither a gain nor a loss is recognized on this type of transaction. B. A loss on sale of $3,000. C. A gain on sale of $1800. D. A gain on sale of $3,000. E. A loss on sale of $1800.
The three main categories of influences that affect the consumer decision-making process are ________
A) physical, emotional, and behavioral B) internal, situational, and social C) environmental, familial, and sociocultural D) sociocultural, behavioral, and external E) environmental, personal, and sociocultural