What Is Altruism, and What Circumstances Are MOST Likely to Evoke

question 20

Essay

What is altruism, and what circumstances are MOST likely to evoke altruism?

---

Definitions:

Ownership Mentality

A mindset where employees view themselves as co-owners of the business, taking responsibility for its success and acting in its best interest.

Deferred Distribution Plans

Financial arrangements allowing employees to defer receipt of wages or benefits until a future date, often for tax advantages or retirement planning.

Gain-Sharing Plans

Performance-based compensation schemes designed to reward employees for contributing to a company's success through increased productivity, which leads to cost savings that are shared with the employees.

Long-Term Profitability

indicates a company's ability to generate consistent profit over an extended period, reflecting its financial health and sustainability.