What Reason Did Jimmy Dunne III of Sandler O'Neill Give

question 139

Multiple Choice

What reason did Jimmy Dunne III of Sandler O'Neill give for dedicating his time and resources to helping the families of his employees who were killed in the World Trade Center attacks?

• A) There was a clause in their employment contract that required it.
• B) He wanted the attention his generosity would bring.
• C) His son will also be judged by how Jimmy Dunne responded to his employees' families' needs.
• D) None of the above

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Definitions:

Job Depth

The degree of control employees have over their tasks and procedures at work.

Assembly Line

A manufacturing process that breaks down the production into sequential steps carried out by different workers, significantly increasing efficiency.

Gain-Sharing Plan

A type of incentive plan that gives employees a share of the company's saved costs or increased profits, typically resulting from their collective efforts to improve performance.

Team-Based Pay

A compensation strategy where employee earnings are linked to the performance of their team as a whole rather than individual performance.