Gain Sharing Is a System for Distributing Cash Bonuses from a Pool

question 22

True/False

Gain sharing is a system for distributing cash bonuses from a pool when the total amount available is a function of performance relative to some target.

---

Definitions:

Objective Data

Information that is based on facts and observable phenomena, unaffected by personal feelings or opinions.

Severity

Severity describes the intensity or seriousness of a situation, condition, or effect, often used to assess the extent of impact or damage.

Customer Complaints

Expressions of dissatisfaction or grievances from customers about a product, service, or business practice.

Chronological Order

The arrangement of events, actions, or processes in the order of their occurrence in time.