What Is the Philosophy Behind the Scanlon Plan

question 73

Multiple Choice

What is the philosophy behind the Scanlon Plan?

• A) Rewards are shared with employees based on improved profits.
• B) Employees should offer ideas and suggestions to improve productivity and, in turn, be rewarded for their constructive efforts.
• C) Organizational profits should improve through sales efforts.
• D) Managers and employees should establish quality and quantity goals for optimum organizational performance.

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Definitions:

Cardiac Output

The volume of blood the heart pumps through the circulatory system in one minute.

LDL

Low-density lipoprotein, often referred to as "bad" cholesterol, which can build up in the walls of arteries leading to heart disease.

Electrocardiogram

A test that measures the electrical activity of the heart to show abnormal rhythms and detect heart problems.

Sinoatrial

Referring to the sinoatrial node, a natural pacemaker of the heart that regulates the heartbeat by generating electrical impulses.