Organisation-Wide Programs That Distribute Compensation Based on Some Established Formula

question 96

Multiple Choice

Organisation-wide programs that distribute compensation based on some established formula designed around a company's profitability are called:

• A)gainsharing.
• B)profit-sharing plans.
• C)variable pay.
• D)ESOPs.

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Definitions:

Downward

Describes the direction that is towards a lower position or level.

Graph

A visual representation of data or mathematical functions, often displayed within a coordinate system.

Equation

A mathematical statement that asserts the equality of two expressions, consisting of variables and constants.

Vertex

In geometry, a vertex is the point where two or more curves, edges, or lines meet. In graph theory, it refers to a node or a point where lines or edges join.