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Q. What is Scanlon plan?
Scanlon plan: under this plan, a constant production (ratio of wages to the sales value) of the added value of output is paid to the workers who are responsible for the addition of the value. The added value if the change in the market value (including profit) resulting from an alteration in the form, location or availability of a product or service excluding the cost of of the purchased materials or services used in the production.
Discuss the advantages of KM in an organisation. KM helps an organisation in quicker problem solving, better decision making, reduced R&D costs, increased worker independence,
Define knowledge. State its characteristics. Knowledge is what the knower knows. It is specific to the knower, created from information, integrated with experience, reflected u
Q. Non financial incentives? The Financial or pecuniary incentives are monetary in the nature as they involve flow of money from the organization to its staff. The examples of
acquisition function of bti bd
Looking at the poll results so far, it seems that most of us reacted to what we considered to be an "unfair" policy, but as the course materials point out, an opinion that somethin
S i ngle Source Selection (SSS) In the previous section you learnt that CQS method helps to reduce cost, time and this method should be adopted when only cost based selection
During both action and transition phases, a team must manage three interpersonal processes: conflict, motivation and emotions. The ways in which a team manages potential conflicts
Filing methods : The conventional methods of filing (like metal holders, bound or guard books, box filing) are not of much use. Now a days there are (1) Horizontal filing (2) Vert
Comparison b/w time rate system and piece rate system: 1. In time wages, time is the basis of payment whereas in the piece wage quantity of the work is the basis of payment.
A(n) _____ is a neutral facilitator between employees and managers who assists in resolving workplace disputes.
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