Gainsharing Plans Are Intended to Foster

question 87

Multiple Choice

Gainsharing plans are intended to foster:

• A) competency development.
• B) higher compensation levels.
• C) a participative work environment.
• D) a quality focus rather than quantity focus.
• E) an enhanced safety awareness by employees.

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Definitions:

Semi-Annual Interest

Interest that is calculated and paid twice a year, commonly found in bonds and certain types of loans.

Coupon Rate

Interest yielded on a bond each year, displayed as a percentage of its face value.

Market Rate Of Interest

The prevailing rate of interest available in the marketplace for securities of similar risk and maturity.

Semi-Annual Interest

Interest that is calculated and paid twice a year, typically used for bonds and loans.