Which of the following involves setting a production standard for a specific work group and then paying incentives to the group members if they exceed the standard?
A) team incentive plan
B) group profit-sharing plan
C) employee stock ownership plan
D) organization-wide incentive plan

Question

Quizplus · Accepted Answer

A team (or group) incentive plan is used by firms that rely on teams to manage work. This type of plan involves setting a production standard for a specific work group. Group members are paid incentives if the group exceeds the production standard.

Which of the Following Involves Setting a Production Standard for a Specific