BigCo Is Implementing a System Where Any Savings Resulting from an Increase

question 45

Multiple Choice

BigCo is implementing a system where any savings resulting from an increase in output in fewer than expected hours are shared between the organization and the employee group on the basis of a preestablished formula.This is an example of a(n) ___________.

• A)Scanlon Plan
• B)Rucker Plan
• C)Improshare
• D)Profit sharing

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Definitions:

Dual Identity

The condition of identifying with two distinct cultural or national identities simultaneously.

Anglicization

The process of adopting English culture or language, commonly observed in non-English-speaking countries or amongst immigrants in English-speaking countries.

Great Britain

A landmass situated in the North Atlantic Ocean, near the northwest edge of mainland Europe, consisting of England, Scotland, and Wales.

Seventeenth Century

The century that spans from the year 1601 to 1700, a period marked by significant developments in science, art, and politics in Europe and around the world.