Trickle-Up Innovation Involves Companies Paying Attention More Than Ever to the Need

question 8

True/False

Trickle-up innovation involves companies paying attention more than ever to the need for mechanisms that encourage sharing across a domestic enterprise.

---

Definitions:

Top Executives

Individuals who hold the highest-level management positions within a company, responsible for developing strategies, making major decisions, and overseeing the entire organization's operations.

Gain-Sharing Plans

A compensation strategy where employees receive benefits directly as a result of cost-saving measures they have contributed to.

Individual Rewards

Compensation or recognition given to employees based on their individual performance or achievements.

Goal-Sharing Plans

Programs that encourage and reward employees for contributing to and achieving the company's objectives, often through financial incentives.