QWL Programs May Alter Future Labor-Management Relations By

question 8

Multiple Choice

QWL programs may alter future labor-management relations by:

• A) Using joint labor-management committees to resolve disputes.
• B) Giving workers greater input in shop floor decision-making and problem solving.
• C) Having less employee participation in job-related problem handling.
• D) Having stricter rules for efficiency.

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Definitions:

Savings

The portion of income not spent on current expenditures or taxes, often set aside for future use or investment.

Excess Capacity

A scenario where a company's production facilities are capable of producing more than is needed to meet the demand.

Market-Based Transfer Prices

Transfer prices set based on market prices for similar goods or services, used in transactions between company divisions.

Suboptimal Decision

A decision that does not achieve the best possible outcome or maximizes the potential value.