A Multinational Organization Uses a Gainsharing Program in Which Employees

question 116

Multiple Choice

A multinational organization uses a gainsharing program in which employees receive a bonus if the ratio of labor costs to the sales value of production is below a set standard. This incentive plan is referred to as

• A) a group bonus.
• B) merit pay.
• C) the Scanlon plan.
• D) a piecework rate.
• E) a team award.

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Definitions:

Redlining

A discriminatory practice by banks and other financial institutions that refuse or limit loans, mortgages, insurance, etc., within specific geographic areas, often based on race.

Postwar Period

The era immediately following the end of a war, often marked by reconstruction, realignment of political powers, and societal changes.

De Facto Segregation

Racial separation that occurs in practice but is not enforced by law, often seen in housing, education, and employment.

Protest Movements

Organized efforts by groups of people to voice opposition to or support for social, political, economic, or environmental issues.