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In One Kind of Gainsharing Program, the Employees Receive a Bonus

question 80

Multiple Choice

In one kind of gainsharing program, the employees receive a bonus if the ratio of labour costs to the sales value of production is below a set standard. Which of the following is the name of the program?


Definitions:

Basic Requirements

Fundamental needs or conditions necessary for individuals or systems to function properly.

Geographic Location

The specific physical position of something on Earth, often described using coordinates of latitude and longitude.

Broad Skill Set

Refers to having a wide range of abilities and competencies across different areas or disciplines.

Asset Ownership

The legal right or interest that a person or entity has in items of value, such as property, investments, or intellectual property.

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