Which Type of Incentive Reward System Gives All Employees Across

question 46

Multiple Choice

Which type of incentive reward system gives all employees across the organization a percentage of cost savings resulting from a work team's suggestions?

• A) Gainsharing
• B) Scanlon plan
• C) Merit pay
• D) Commissions
• E) Piece work

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Definitions:

Lease Liability

Financial obligation that a lessee has to make payments resulting from a lease agreement, over the lease term.

Implied Warranty

An unstated guarantee that a product or service will meet certain standards of quality and reliability.

Housing Codes

Regulations and standards established to ensure residential buildings are safe, sanitary, and suitable for occupants.

Reasonable Security

Measures taken to protect electronic personal and business data from unauthorized access or alteration, using methods considered appropriate and sufficient.