Rayshard Works for an Automobile Salvage Firm

question 21

Multiple Choice

Rayshard works for an automobile salvage firm.Last year he started going to monthly meetings with managers and coworkers to evaluate labor-saving ideas.One idea, raising the crane level by 8 feet to clear the building, saved them $2 million.Each of the employees received a $200 bonus for the implementation of that idea.What kind of compensation system is used?

• A)Piecework
• B)Time-saving bonus
• C)Merit pay
• D)Scanlon Plan
• E)Group incentive

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Definitions:

Atmospheric Pressure

The pressure exerted by the weight of the atmosphere at any given point, usually measured in millibars (mb) or inches of mercury (Hg).

Sea Level

The average height of the ocean's surface between high and low tide, used as a reference point for measuring elevations and atmospheric pressure.

Fluid

A substance that has fluidity; that is, it lacks definite shape and both flows readily and yields to the slightest pressure. Most liquids and gases are fluids.

Gases

Substances that exist in a state that fills any container uniformly, without a definite shape or volume, such as oxygen or nitrogen.