Aitzen Systems Sources All the Required Components and Raw Materials

question 66

True/False

Aitzen Systems sources all the required components and raw materials necessary for making a computer system from various suppliers in the country and assembles them to create a final product.Aitzen is engaging in multiple sourcing.

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Definitions:

Bonus Payout

An additional financial compensation awarded to employees, often based on performance or as a part of a special recognition.

Profit-Sharing Plan

A corporate program in which a company shares a portion of its profits with its employees, typically in the form of a bonus or retirement contribution.

Scanlon Plan

A gainsharing program designed to encourage productivity and cost-saving initiatives by sharing the resultant financial gains with employees.

Labour Input

The total hours worked by employees or the effort put in by employees towards the production of goods or services.