Examlex
Which of the following was not one of Henry Ford's principles of progressive manufacture?
Profit Sharing
A corporate strategy where employees receive a share of the company's profits, typically distributed annually or quarterly, as part of their compensation.
Merit Pay System
A merit pay system is a compensation approach where employees are rewarded based on their performance and achievements, typically assessed through performance evaluations.
Bonus Pay Plans
Compensation methods that reward employees with extra pay based on performance, successful achievement of objectives, or company profitability.
Performance Targets
Specific goals set by a company or an individual to measure the level of success or efficiency in completing tasks or objectives.
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