Components Identified as Vital to the Success of Both Scanlon

question 19

Multiple Choice

Components identified as vital to the success of both Scanlon and Rucker plans are:

• A) top management support and employee acceptance.
• B) a flexible and accepted pay out formula.
• C) union and top management support.
• D) a productivity norm and effective worker committees.

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Definitions:

Sociocultural Factors

External factors including method and style of communications, religions, values and ideologies, education standards, and social structure.

Labor Laws

Regulations governing the relationship between employers and employees, focusing on rights, duties, and standards in the workplace.

Born Global

Companies that engage in international expansion soon after starting in a domestic market.

Natural Resources

Raw materials and components provided by nature that can be utilized for economic gain.