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All of the following statements about profit sharing are true/ except/1.profit sharing plan reward staff based on organization profits/2.profit reward a person according to measure of organization performance/3. Profit share plan do not reward staff for productuctivity gains/4. Profit sharing plans have no criticism/5. Profit sharing is somewhat similar to gain sharing
What are the disadvantages of lean production? Disadvantages of lean production are as illustrated below: • Incessant cost of investment within retraining displaced or reass
Consider - a small manufacturing company which produces high quality furniture has provided the following data: 2
Your company invests $50,000 today at an annual interest rate of 4.00%. The interest is compounded quarterly. Calculate the first quarter interest, the total annual interest and th
Matrix structures allow for workers to be shared on multiple projects and at a lower than usual cost. Answer To be shared on multiple projects and at a lower than usual cost
When Scott Tweedy picked up a magazine article on how to manage health care workers, he was pleased to some advice. Scott was concerned about poor or mediocre performance on
We, on behalf of Infovision feel that we could demonstrate certain improvement over our previous quarters. Our manufacturing productivity stands on a position of number two in the
As organizations grow and differentiate, problems can arise with a functional structure. Describe and explain the problems that may arise and how organizations may respond.
Under what circumstances is a code of ethics most and least likely to be effective? Why?
What are four safeguards that the ERISA legislation specified to address the many obstacles employees faced with pension plan funding? How did the Pension Protection Act add additi
Why might it be difficult to justify a strategic information system?
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