Which plan focuses on reducing expenses or cutting costs;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?
A)A commission plan
B)An equity plan
C)A piece-rate plan
D)A group-based plan
E)A Scanlon plan

Question

Quizplus · Accepted Answer

The Scanlon plan focuses on reducing expenses or cutting costs;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.

Which Plan Focuses on Reducing Expenses or Cutting Costs;members of an Organization