Kyle Creative Solutions,an advertising firm based in Lakeland,Florida,achieves cost-cutting goals through significant reduction in use of resources,better time-management,and increased productivity.The top managers of the firm decide to reward the employees of the firm,for their contribution towards the company's goals,by distributing a portion of the savings amongst the employees.In this example,Kyle Creative Solutions uses which of the following incentive programs?
A) commission
B) cafeteria plan
C) gain sharing
D) sliding-scale plans
E) wellness programs

Question

Quizplus · Accepted Answer

A)Gain sharing refers to tying rewards to profits or cost savings achieved by meeting specific goals.
B)Gain sharing refers to tying rewards to profits or cost savings achieved by meeting specific goals.
C)Gain sharing refers to tying rewards to profits or cost savings achieved by meeting specific goals.
D)Gain sharing refers to tying rewards to profits or cost savings achieved by meeting specific goals.
E)Gain sharing refers to tying rewards to profits or cost savings achieved by meeting specific goals.

Kyle Creative Solutions,an Advertising Firm Based in Lakeland,Florida,achieves Cost-Cutting Goals