Which of the Following Is an Incentive Program in Which

question 207

Multiple Choice

Which of the following is an incentive program in which employees receive a bonus if the firm's costs are reduced because of their greater efficiency and/or productivity?

• A)Profit-sharing plan
• B)Efficiency improvement plan
• C)Gainsharing plan
• D)Cost reduction bonus plan
• E)Expense savings plan

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Definitions:

Learning Opportunities

Situations or settings that provide potential for acquisition of knowledge, skills, or experience through education or practice.

North American Parents

Caregivers or guardians residing in North America responsible for raising children, facing unique cultural and societal parenting challenges.

Self-reflection

The practice of introspection, examining one's own thoughts, feelings, and motives to gain self-awareness.

Moral Responsibility

The obligation to act righteously and to acknowledge the impact of one's actions on others and the ethical standards of society.