Your Organization Is Aiming to Reduce Costs by Stopping Wastes

Multiple Choice

Your organization is aiming to reduce costs by stopping wastes in the production cycle. The company has created a plan that will reward employees 50 percent of the savings from the waste stoppage. What type of compensation plan is your organization offering to employees in this instance?

A) This is an example of a team incentive
B) This is an example of profit sharing
C) This is an example of gainsharing
D) This is an example of a short-term incentive