Gainsharing Plans Tend to Be More Cost Effective Than Merit

question 46

Multiple Choice

Gainsharing plans tend to be more cost effective than merit pay plans because gainsharing payments represent:

• A) fixed costs.
• B) variable costs.
• C) sunk costs.
• D) average costs.

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Definitions:

Black Convention Movement

A series of meetings and gatherings among African Americans in the 19th century, aimed at discussing ways to achieve civil rights, education, and economic progress.

Group Consciousness

The awareness, shared by members of a group, of their objectives, interests, or identity, strengthening solidarity and common objectives.

Protest

A public demonstration or action expressing opposition to, or discontent with, policies, actions, or circumstances.

Advocate Colonization

Supporting the establishment of colonies or the relocation of people, often in the context of historical movements to resettle freed African Americans in Africa.