Which one of the following represents a group incentive plan?
A. Scanlon Plan
B. Rowan Plan
C. Taylor Differential Piece Rate System
D. Halsey Premium Plan
Answer: Option A
Solution(By Examveda Team)
The Scanlon plan has been successfully used by a variety of public and private companies for many decades.These plans combine leadership, total workforce education, and widespread employee participation with a reward system linked to organization performance
This Question Belongs to Mechanical Engineering >> Industrial Engineering And Production Management
Related Questions on Industrial Engineering and Production Management
The essential condition for the decompression of an activity is that
A. The project time should change due to decompression
B. After decompression the time of an activity invariably exceeds its normal time
C. An activity could be decompressed to the maximum extent of its normal time
D. None of the above
A. CAM < DAM
B. CAM > DAM
C. CAM = DAM
D. There is no such criterion
Join The Discussion