Which of the Following Statements Holds True for Gainsharing

question 64

Multiple Choice

Which of the following statements holds true for gainsharing?

• A)It is the right to buy a piece of the business given to an employee to reward excellent service.
• B)It is a form of pay in which an organization shares the profit with employees, such that employees receive a portion of the profit achieved from their efforts.
• C)It requires employees to build project teams across countries.
• D)These plans are most effective in companies with more than 1,000 people.
• E)It refers to the cash wage paid at the end of every month in lieu of the service rendered to the company.

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Definitions:

Carbon Dioxide

An odorless, colorless gas that is generated both by the burning of carbon and organic compounds and through breathing. It naturally exists in the air and plays a crucial role in photosynthesis, being absorbed by plants.

Non-Renewable Resources

Natural resources that cannot be replenished at a sustainable rate, such as fossil fuels and minerals.

Clear-Cutting

A forestry or logging practice where all trees in a designated area are uniformly cut down, often leading to significant ecological and environmental impacts.