Employees at KC Landscaping Discussed with Their Manager Ideas for Cutting

question 9

Multiple Choice

Employees at KC Landscaping discussed with their manager ideas for cutting costs.After implementing the suggested strategies, the company saw a significant decrease in costs so the manager rewarded the employees with a percentage of the cost savings.This concept is reflected in the _____ plan.

• A)commission
• B)equity
• C)piece-rate
• D)employee stock
• E)Scanlon

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Definitions:

Average

The central value of a set of numbers, calculated by dividing the sum of all the numbers by the count of numbers.

Extreme Scores

Data points that are significantly higher or lower than the majority of the data set.

Individual Income

Refers to the total amount of money received by an individual from all sources before taxes or deductions.

Median

The middle value in a set of data when arranged in ascending order.