Quality Circles

question 20

Multiple Choice

Quality circles

• A) have been highly successful in the United States
• B) are self-managed work teams
• C) make recommendations to management but do not usually make decisions
• D) all of the above

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Definitions:

Benefit Costs

Expenses incurred by organizations due to the provision of employee benefits, such as health insurance, retirement plans, and paid leave.

Organization Knowledge

The collective expertise, skills, information, and processes that exist within an organization, contributing to its ability to achieve objectives.

Training Budget

The allocation of financial resources dedicated to training and development activities within an organization.

Profit-Sharing

A compensation strategy where employees receive a portion of the company's profits in addition to their regular salary, linking their earnings to the company’s performance.