Match the Following: -Gain-Sharing

question 125

Multiple Choice

Match the following:
-gain-sharing

• A)reward based on plant performance
• B)enhanced performance, reduced costs
• C)first step in planning change to teams
• D)temporary cross-functional teams
• E)phase 1 of self-managing work team implementation
• F)create new product or service designs
• G)increase compensation for new skills
• H)frustration and confusion
• I)organization ready to accommodate teams?
• J)mature, fully developed team
• K)benefit of team in organization
• L)starts at the top in every successful team implementation
• M)the last stage of planning implementation
• N)managers' frustration with new roles
• O)explores readiness for team environment
• P)teams that do the daily work
• Q)first teams created in the U.S.
• R)group with a common goal
• S)end result of months or years of planning
• T)reward based on team performance

---

Definitions:

Duke Philip the Bold

A prominent figure from the Valois Dynasty in France, serving as Duke of Burgundy from 1363 until his death in 1404 and known for his influence in politics and the arts.

CPI

The Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, typically used as an indicator of inflation.

Inflation Rate

The rate in percentage terms that indicates how quickly the average price level of goods and services escalates, diminishing the buying power.

Market Basket

A fixed list of items used to track the progress of inflation in an economy or to compare prices over time.