In Which Type of Incentive Plan Does an Employer Pay

question 33

Multiple Choice

In which type of incentive plan does an employer pay special sums based on the organization's net income over a specified period?

• A)profit sharing plan
• B)merit raises plan
• C)gainsharing plan
• D)individual bonus plan

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Definitions:

Emotions

Strong feelings directed toward someone or something.

Open Person

An individual who exhibits openness to experience, characterized by a willingness to try new things, think creatively, and be receptive to different ideas.

Broad-Minded

Having or showing openness and willingness to consider different ideas, perspectives, and cultures, often involving tolerance and avoidance of narrow-minded judgments.

Low-Mach Personality

A term used to describe individuals who are not manipulative, tend to be honest and humble, and focus on maintaining personal relationships.