Which of the Following Is an Advantage of Goal-Sharing Plans

question 45

Multiple Choice

Which of the following is an advantage of goal-sharing plans?

• A) Each employee establishes his/her own goals.
• B) Cost savings are quantified and shared.
• C) Management establishes outcomes for each employee.
• D) They are less complex to develop than gain sharing.

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Definitions:

Debenture

A debt security issued by a corporation that may or may not have specific assets of the corporation pledged as security for payment.

Lien

With respect to goods, it is the right to retain the goods until payment is made.

Mortgagee

The lender or financial institution in a mortgage agreement, who holds the mortgage as a security for the loan provided to the borrower.

Construction Lien

A legal claim against a property by a contractor or subcontractor for unpaid work or materials.