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Initiation,elongation,and termination are the three main steps in
Scanlon Plan
A type of employee incentive plan that focuses on sharing the cost savings or productivity gains with the workers.
Psychological Ownership
The feeling of possessorship and of being psychologically tied to an object, job, or workplace, which can influence attitudes and behaviors.
Legal Ownership
The official right to possess or use property based on a legal framework which recognizes one's claim to the asset.
Scientific Management
A management theory that analyzes and synthesizes workflows to improve economic efficiency, particularly labor productivity.
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