Examlex
Robix uses a bonus plan that is based on overall group productivity. The determination of a bonus includes both production employees and nonproduction. Which type of gainsharing program is being used?
Subsidiary Company
A company that is controlled by another company, known as the parent company or holding company.
Turnkey Operation
A business arrangement where a project or business is delivered in a complete and operational state.
Oil Refinery
An industrial process plant where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, and heating oils.
Licensing
A business arrangement in which one company allows another to use its trademark, patent, software, or other intellectual property for a fee or royalty.
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