A Mid-Sized City Introduced a Reward System Whereby Employees Would

question 94

Multiple Choice

A mid-sized city introduced a reward system whereby employees would find ways to reduce costs and increase work efficiency.Every employee would receive a portion of the surplus budget resulting from these cost savings.This city is using:

• A) a gainsharing plan.
• B) a commission system.
• C) a piece-rate plan.
• D) a stock option plan.
• E) none of the above.

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Definitions:

Lowest Priority

The least important level or last consideration in a hierarchy of items, tasks, or concerns.

Application

Software designed to carry out a group of coordinated functions, tasks, or activities for the benefit of the user.

Tasks

Specific pieces of work or activities assigned to or expected to be accomplished by a person or group.