Gainsharing Can Motivate Employees as Much as Individual Plans Do

question 57

Multiple Choice

Gainsharing can motivate employees as much as individual plans do because of

• A)the controllable nature of the performance measure and the frequency of payouts.
• B)the level of employee involvement and management cooperation.
• C)the relatively simplistic performance targets and large payouts.
• D)the high levels of employee ownership and team-based compensation.

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Definitions:

Fraud In The Factum

A liability defense available to a party who signs a negotiable instrument without knowing that it is a negotiable instrument.

Negotiable Instrument

A written assurance for the remittance of a fixed sum of money, payable either on demand or at a future date, with the document clearly stating the name of the individual making the payment.

Liability

A legal responsibility or obligation.

Entitlement To Payment

The legal right or claim to receive a specific sum of money.