The Benefits of a Gainsharing Plan

question 45

Multiple Choice

The benefits of a gainsharing plan

• A)usually take many years to fully realize.
• B)accrue mostly to senior managers and executives.
• C)are generally lower in terms of overall payout than those of an impro-share plan.
• D)are generally realized in the early years.
• E)are extremely difficult to calculate.

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Definitions:

Moral Development

The process through which individuals acquire and understand values and ethics, and how to apply them in social situations.

Kohlberg

Refers to Lawrence Kohlberg, who proposed a theory of moral development in individuals, typically described in three levels of moral thinking: pre-conventional, conventional, and post-conventional.

Autonomous Moral Principles

Moral reasoning based on personal principles and values, indicative of the highest stage in Kohlberg's theory of moral development.

Conventional Role

A social role that conforms to traditional expectations and norms within a society or social group.