Under a Gainsharing Plan,the Company Sets Aside a Share of Its

question 39

True/False

Under a gainsharing plan,the company sets aside a share of its profits earned during a given period,such as a year,and divides these profits among the employees.

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Definitions:

Unchallenged Heads

generally describes leaders or individuals in positions of authority who face little to no opposition or competition.

American Revolution

A colonial revolt that took place between 1765 and 1783, in which the Thirteen American Colonies won independence from Great Britain, becoming the United States of America.

Property Qualification

Historical voting or office-holding requirement that mandated individuals own a certain amount of property or land to participate in the political process.

Suffrage

The right to vote in political elections, often highlighted in historical contexts around movements to extend this right to various groups.