Which incentive plan is based on a philosophy that managers and employees must cooperate together?
A) cash plan
B) Lincoln incentive system
C) Scanlon plan
D) deferred profit-sharing plan
E) employee stock ownership plan

Question

Quizplus · Accepted Answer

The Scanlon plan is based on the philosophy that managers and employees must cooperate together to identify problems and implement solutions to improve the company's performance. It focuses on sharing financial benefits among all participants based on a predetermined formula, encouraging employees to work together to achieve common goals.

Which Incentive Plan Is Based on a Philosophy That Managers