Which of the Following Is a Difference Between the Scanlon

question 74

Multiple Choice

Which of the following is a difference between the Scanlon plan and Impro-Share?

• A) Impro-Share employees can easily calculate their bonus amount.
• B) In the Scanlon plan,the bonuses are shared across work groups.
• C) Impro-Share is aimed at increasing employee participation.
• D) In the Scanlon plan,the bonus committee determines the bonus formula.

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Definitions:

Operating Assets

Assets required for a company to conduct its daily business operations, including property, plant, and equipment, but excluding investments and non-operational assets.

Cost Center

A department or unit within an organization that does not directly contribute to profit but incurs costs for its operation.

Responsibility Center

Any business segment whose manager has control over costs, revenues, or investments in operating assets.

Queue Time

The duration a product or job order spends waiting to be processed, not including the time actually taken to complete the task.