Review this video, Lincoln Electric (Links to an external site.)Links to an external site., (PBS, 09:39) about an American manufacturing company that has maintained a policy of profit sharing but no layoffs, for decades.
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Create a post in which you respond to the following:
- What do you think is most notable about the Lincoln Electric model?
- Do you agree with the business school view that says this is an inefficient model?
- Why do you think Lincoln Electric has been successful?
- Do you think their benefits and incentives could be replicated successfully in other organizations? Explain your rationale.