A Producer of Mobile Aerial Work Platforms Rewards Employees for the Number

question 69

Multiple Choice

A producer of mobile aerial work platforms rewards employees for the number of basic skills they can perform rather than for the jobs to which they are assigned. Prior to initiating this system, pay increases were based on a merit system. The merit system is still in effect; however, the new program emphasizes continued acquisition of new skills. The company uses .

• A) hourly wages
• B) gainsharing
• C) piecework
• D) retained earnings
• E) skill-based pay

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Definitions:

Managerial Conflict

Refers to disputes or disagreements among individuals in managerial or supervisory positions within an organization, often arising from differences in opinions, decisions, or management styles.

Partnership

A type of business organization where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Deed.

Small Businesses

Enterprises characterized by fewer employees, lower annual revenue, and independent operation, typically serving a local community.

Laws

The system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.