Relying Too Heavily on Profit-Sharing and Gainsharing Plans May

question 96

Multiple Choice

Relying too heavily on profit-sharing and gainsharing plans may

• A)decrease cooperation and concern for the welfare of the entire plant or organization,but it may increase individual work motivation to acceptable levels.
• B)increase cooperation and concern for the welfare of the entire plant or organization and increase individual work motivation to acceptable levels.
• C)decrease cooperation and concern for the welfare of the entire plant or organization,but it may reduce individual work motivation to unacceptable levels.
• D)increase cooperation and concern for the welfare of the entire plant or organization,but it may reduce individual work motivation to unacceptable levels.

---

Definitions:

Purported Partnership

The appearance of partnership when there is no partnership; it arises when a person misleads a second person into believing that the first person is a partner of a third person; a theory that allows the second person to recover from the first person all reasonable damages the second person has suffered due to his reliance on the appearance of partnership.

Constructive Partnership

A legal concept where a partnership is deemed to exist based on the actions or conduct of the parties, despite there being no formal agreement.

Actual Partnership

A type of business partnership that exists when two or more individuals engage in a business for profit with an express or implied agreement of partnership, as opposed to being legally deemed partners by the law.

Purported Partner

Implies someone alleged or claimed to be a partner in a business or enterprise, often without the legal or formal acknowledgment of such a partnership.