Which of the following management strategies is likely to benefit the most from using a gain-sharing plan as part of their compensation strategy?
A) human relations management strategy
B) classical management strategy
C) any management strategy operating in a dynamic environment
D) high-involvement management strategy

Question

Quizplus · Accepted Answer

A high-involvement management strategy involves empowering employees and involving them in decision-making, which can lead to increased productivity and efficiency. A gain-sharing plan, which rewards employees for meeting specific performance targets or improving productivity, can be a useful tool in incentivizing and motivating employees in this kind of management approach.

Which of the Following Management Strategies Is Likely to Benefit