A Gainsharing Plan May Be Best Utilized by an Organization

question 22

True/False

A gainsharing plan may be best utilized by an organization that emphasizes the use of teams , such as assembly lines.

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Definitions:

Despondent

Feeling or showing extreme discouragement, dejection, or depression.

Passionate

Describes having, showing, or caused by strong feelings or beliefs.

Companionate

Refers to love characterized by deep affection, friendship, and emotional intimacy, as opposed to passionate love.

Self-effacing Bias

The tendency to attribute success to external factors and failures to oneself, often observed in cultures that value modesty and collectivism.