Which of the Following Organizational Conditions Should Be in Place

question 74

Multiple Choice

Which of the following organizational conditions should be in place for successful gainsharing?

• A)Low levels of base pay
• B)Mechanistic structure
• C)Employment security
• D)High individual competition
• E)Employee ownership

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Definitions:

Advantage

Refers to a condition or circumstance that puts one in a favorable or superior position relative to competition or a given situation.

Corporation Formation

The legal process of creating a corporation, which involves filing necessary documents with a governmental entity, adhering to laws, and meeting statutory requirements.

By-laws

Internal rules governing the operation and management of an organization or corporation, typically adopted by its board or membership.

Corporate Charter

A corporate charter is a legal document issued by a government entity that establishes a corporation's existence and outlines its rights and obligations.