Gainsharing Programs Offer a Means of Sharing Productivity Gains with Employees

question 55

True/False

Gainsharing programs offer a means of sharing productivity gains with employees based on organization-level performances.

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Definitions:

Substantially Impair

To significantly weaken or reduce the ability, value, or function of something.

Reject

To refuse to accept, submit to, believe, or make use of something.

Perfect Tender Rule

Requirement that the seller deliver the goods in conformity with the contract, down to the last detail.

Local

Pertaining to or occurring in a particular area, community, or jurisdiction, not widespread or general.