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Suggestion System, Cost Reduction vs. Profit Sharing
Question #1
The suggestion system has been a major element in any employer plan to encourage greater employee involvement. What are the factors that failed many systems?
Question # 2
What are the major differences between the cost-reduction and profit-sharing program? What are the philosophic issues underlying each type of program? Provide examples of each but not examples you find in the textbook. Tell me in your own words using your examples. Which is the most appealing to you and why?
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