Sheldon,the manager of a manufacturing firm,wants the organization to perform better.He expects his employees to think more like owners,taking a broad view of what they need to do in order to make the organization more effective.In this case,Sheldon should
A) pay his employees per piece that is manufactured.
B) create a balanced scorecard.
C) reorganize the departments in the organization.
D) implement a profit-sharing incentive plan.
E) hire new employees and pay them above the market rate.

Question

Quizplus · Accepted Answer

Implementing a profit-sharing incentive plan will encourage employees to think more like owners, as they will share in the financial success of the organization. This will motivate them to take a broader view of what they need to do in order to make the organization more effective. Paying employees per piece that is manufactured or hiring new employees and paying them above the market rate may not necessarily encourage them to think more like owners. Reorganizing departments in the organization may help improve efficiency, but may not necessarily encourage employees to take a broader view. Creating a balanced scorecard is a good way to measure and track progress, but may not directly influence employees to think more like owners.

Sheldon,the Manager of a Manufacturing Firm,wants the Organization to Perform