Profit Sharing Is Best Used in Small to Medium-Sized Firms,while

question 56

True/False

Profit sharing is best used in small to medium-sized firms,while gainsharing works in any size company.

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Definitions:

Workstation

A specific area or desk equipped with computer and other necessary tools for a person to perform their job tasks.

Process Time

The duration required to complete a specific task or operation within a production or work process.

Assembly Line

An approach that puts fabricated parts together at a series of workstations; used in repetitive processes.

Process Times

The duration required to complete a specific process or operation in a production or service environment.