The Survival of Gainsharing Plans Is Related to _____

question 73

Multiple Choice

The survival of gainsharing plans is related to _____.

• A) use of technology
• B) capital inflow
• C) bonus performance
• D) value of import

Understand the impact of individual and cultural values on communication styles.

Recognize the significance of nonverbal communication in understanding messages.

Understand the distinction between high-context and low-context cultures and how it affects communication.

Learn strategies to improve listening skills in diverse communicative settings.

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Definitions:

Fixed Costs

Expenses that do not change in total despite fluctuations in production or sales volume, such as rent, insurance, and salaries.

Variable Costing

A costing method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product costs.

Common Cost

A cost that is incurred to support a number of cost objects but that cannot be traced to them individually. For example, the wage cost of the pilot of a 747 airliner is a common cost of all of the passengers on the aircraft. Without the pilot, there would be no flight and no passengers. But no part of the pilot’s wage is caused by any one passenger taking the flight.

Arbitrarily Allocated

The process of distributing amounts in a somewhat random or subjective manner, often used in allocating costs to different departments or projects without a strict formula.