Gainsharing Is

question 37

Multiple Choice

Gainsharing is

• A) a program allowing employees to participate financially in the productivity gains they achieved.
• B) the same as stock options.
• C) a type of empowerment.
• D) a management style.

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Definitions:

Amortized Loan

A loan with scheduled periodic payments that consist of both principal and interest, typically paid monthly, until the loan is fully repaid at the end of its term.

Principle

Principle refers to the original sum of money borrowed in a loan or the initial amount of investment before earnings or losses.

Interest Amount

the sum paid or charged for the use of money or for borrowing money.

Periodic Interest Rate

The interest rate charged or earned over a particular period of time, often expressed as a percentage.