Soon After Jeff Was Hired as a Company Accountant, His

question 112

Multiple Choice

Soon after Jeff was hired as a company accountant, his company developed corporate programs to help improve the self-confidence and qualifications of diverse employees so they could "fit in." During which period of time did Jeff start working for his employers?

• A) new millennium
• B) 1960s to 1970s
• C) early 1980s
• D) late 1980s to late 1990s

---

Definitions:

Gainsharing Plans

Incentive programs that share the cost savings or increased profits with employees, often tied to performance improvements.

Labor Efficiency

A measurement of the output produced by a worker or workforce within a specific timeframe, indicating how effectively labor is utilized in the production process.

Medical Operations

Activities related to the provision of medical care, including diagnosis, treatment, and management of patients' health.

Gainsharing Plans

Employee incentive plans that involve sharing the financial gains from improved productivity, efficiency, or cost-saving measures with employees.