Solved

Russell Works in a Canvas Factory Where Workers Are Paid

Question 85

Multiple Choice
Russell works in a canvas factory where workers are paid five dollars for every tent they sew together. Workers who are very fast may make twice as much money as some of the slower workers. Which of the following compensation plan elements is used at Russell's factory?
A) merit pay
B) piece-rate
C) gainsharing
D) profit sharing
E) lump-sum bonus

Russell works in a canvas factory where workers are paid five dollars for every tent they sew together. Workers who are very fast may make twice as much money as some of the slower workers. Which of the following compensation plan elements is used at Russell's factory?


A) merit pay
B) piece-rate
C) gainsharing
D) profit sharing
E) lump-sum bonus

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents