The Two Major Forms of Employee Involvement Are Participative Management

question 76

Multiple Choice

The two major forms of employee involvement are participative management and ________.

• A) organizational restructuring
• B) job sharing
• C) representative participation
• D) job rotation
• E) job enlargement

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Definitions:

High-low Method

A technique used in managerial accounting to estimate variable and fixed cost components of a cost by analyzing the highest and lowest activity levels.

Electrical Cost

Electrical cost refers to the expenses incurred from the use of electricity, often a significant component of utility costs for homes and businesses.

Machine-hour

A measure of the amount of time a machine is run, often used as a basis for allocating manufacturing overhead to products.

High-low Method

A technique used in cost accounting to estimate fixed and variable costs associated with production by using the highest and lowest levels of activity.