An organization focuses on cost-savings techniques and shares a percentage of the cost savings resulting from these techniques with its employees. This is the idea behind the ________ plan.
A) profit sharing
B) Scanlon
C) suggestion
D) current-distribution

Question

Quizplus · Accepted Answer

In a Scanlon plan, members of an organization are motivated to come up with and implement cost-cutting strategies because a percentage of the cost savings achieved during a specified time is distributed to the employees.

An Organization Focuses on Cost-Savings Techniques and Shares a Percentage