Which of the Following Statements Is True Regarding Gainsharing

question 8

Multiple Choice

Which of the following statements is true regarding gainsharing?

• A)Gainsharing focuses on productivity gains rather than profits.
• B)Gainsharing involves paying employees based on the number of new skills acquired by them in a specific time period.
• C)Gainsharing does not distribute profits, only gains in profits.
• D)Employees working under gainsharing plans have a greater feeling of psychological ownership.
• E)Gain sharing encourages social loafing.

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Definitions:

Future Search Events

are participatory planning meetings that bring diverse stakeholders together to explore expectations for the future and create shared strategies for achieving them.

Quantum Change

refers to a sudden, significant transformation in an individual's life or in an organization's state, often brought about by a major event or realization.

Incremental Change

Gradual and continuous changes that an organization implements over time to improve processes, products, or services.

Positive Organizational Behavior

The study and application of positively oriented human resource strengths and psychological capacities that can improve workplace performance.