Which of the Following Is an Advantage of Gain-Sharing Plans

question 2

Multiple Choice

Which of the following is an advantage of gain-sharing plans?

• A)They are the simplest type of variable-pay plan.
• B)They allow payouts to occur even if a company's financial performance is poor.
• C)They are administratively easy to implement.
• D)They increase employees' knowledge of business.

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Definitions:

Role Ambiguities

Situations where the responsibilities, expectations, or objectives of a job are unclear, leading to confusion and often decreased job performance.

Task Uncertainties

Refers to the unpredictability or lack of clarity that can exist around the tasks assigned to employees, including the scope, processes, or outcomes expected.

Organizational Design

The process of creating structures that accomplish mission and objectives.

Workspace Architecture

The design and arrangement of physical work environments to optimize functionality, comfort, and aesthetics.