Gainsharing and Profitsharing Are Identical Incentive Programs

question 61

True/False

Gainsharing and profitsharing are identical incentive programs.

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Definitions:

Instrumental Support

Refers to the provision of tangible aid and services that directly assist a person in need.

Innovation

The introduction of new ideas, devices, or methods, often leading to improvements in processes, products, or technology.

Relative Advantage

The degree to which an innovation is perceived as better than the idea, program, or product it replaces.

Adopter

An individual or entity that starts using a new product, innovation, or technology.