What Is Crucial in Effective Employee Involvement Groups

question 32

Multiple Choice

What is crucial in effective employee involvement groups?

• A) the group membership must change regularly
• B) group members must not be rewarded; participation must be completely voluntary
• C) managers must evaluate group recommendations before implementation
• D) all recommendations must be implemented in at least some small way in order not to lose the sense of empowerment

Recognize the global trend towards worker involvement in business decision-making.

Analyze the criticism of lean production practices.

Understand the role of wage flexibility and incentive plans in organizational productivity.

Compare American and Japanese lean production practices and decision-making processes.

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Definitions:

Collateral

The property that is subject to a secured interest.

Collateral

An asset or property that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.

Secured Party

An entity or individual that holds an interest in a debtor's property as security for a debt or obligation, ensuring priority claim over the property if the debt is not repaid.

Proceeds

The money or benefits received from a transaction, especially after the sale of assets or completion of a financial operation.