Profit-Sharing Plans

question 97

Multiple Choice

Profit-sharing plans

• A) provide a more direct incentive in small firms than in large firms.
• B) are practically impossible to use successfully in small firms.
• C) are similar to individual incentive plans in their motivational effect.
• D) are an expensive fringe benefit for small firms, costing 40 percent of payroll.

---

Definitions:

Hormone Activity

The biochemical functions and roles of hormones in regulating various body processes, including growth, metabolism, and reproduction.

Elderly Men

Adult males considered to be in the later stages of their life, often defined as being 65 years or older.

Gerontological Nursing

A nursing specialty focused on the care and treatment of older adults.

National Certification

A formal recognition by a relevant professional organization that an individual has met certain predetermined standards in their field of expertise.