Maxwell Construction Corp. employs a lot of uneducated laborers. The company wants to introduce a variable pay plan that is easy to understand and does not cost much to administer. Which of the following variable pay plans is Maxwell most likely to introduce?

A. A cash profit-sharing plan
B. A gain-sharing plan
C. A balanced scorecard plan
D. A stock ownership plan


Answer: A

Business

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What should employees typically do to earn bonuses under the Scanlon plan?

A. They should improve their performance year after year so that they re-earn the bonus during each performance period. B. They should follow a defined set of quality standards to produce the desired outcome. C. They should produce products at a rate much higher than the standard production time. D. They should keep labor costs to a minimum and produce as much as possible with that amount of labor. E. They should create goodwill with customers and close as many sales as possible.

Business

Which of the following technologies reduces the ability to merge different files and de-anonymize consumer data?

A. anonymous surfing B. anonymous remailers C. differential privacy software D. public key encryption

Business

List and define the four primary reasons for the growth of decision-making information systems.

What will be an ideal response?

Business

It is necessary to set a sample size greater than one but less than the size of the population itself

Indicate whether the statement is true or false

Business