Team Spark LLC, a Producer of Consumer Goods, Used to Practice

question 42

Multiple Choice

Team Spark LLC, a producer of consumer goods, used to practice gainsharing. After organizational restructuring, the management decides to replace its gainsharing plans with a piece-rate system. Which of the following is true of Team Spark LLC?

• A) It used to provide team incentives, but now it provides individual incentives.
• B) It used to provide individual incentives, but now it provides team incentives.
• C) It used to provide team incentives, but now it provides organizational incentives.
• D) It used to provide individual incentives, but now it provides organizational incentives.

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Definitions:

Unemployment Insurance

A government-provided insurance that offers temporary financial assistance to workers who have lost their jobs through no fault of their own.

Vacation Leave

A period of time an employee is allowed to be away from work for personal reasons, travel, or rest, usually while still being paid.

Paid Sick Days

Employee benefits in which employees are entitled to a certain number of paid days off that can be used during periods of illness without losing pay.

First to File

A principle where the right to a patent for an invention goes to the first person to file a patent application for protection of that invention, regardless of the actual date of invention.