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Your work team has just figured out how to use ten percent fewer materials when building the chairs that the company is selling. This saves
Your work team has just figured out how to use ten percent fewer materials when building the chairs that the company is selling. This saves the business on average one-thousand dollars for every fifty chairs sold, five hundred dollars of which it is paying to your work team to distribute equally amongst you. This: Group of answer choices Is gainsharing. Is merit pay. Not incentive pay as it must be shared with others. Not a good strategy as it increases labor cost for the company
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