Which of the Following Is a Disadvantage of Profit Sharing

question 6

Multiple Choice

Which of the following is a disadvantage of profit sharing?

• A)Most profit sharing plans involve high administrative costs.
• B)Most profit sharing plans are highly sophisticated and hence not easily understood by employees.
• C)Most employees don't feel their jobs have a direct impact on profits.
• D)Most employees are not concerned about the profitability of their organizations.
• E)Most employees are unwilling to learn about financial measures and the business factors that influence them.

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Definitions:

Ambiguous Loss

A type of loss that occurs without closure or clear understanding, leading to unresolved grief or confusion.

Alzheimer Disease

A progressive neurological disorder that causes the brain to shrink and brain cells to die, resulting in severe memory loss and cognitive decline.

Emotion-Focused Coping

In the cognitive-appraisal model, coping strategy directed toward managing the emotional response to a stressful situation so as to lessen its physical or psychological impact.

Problem-Focused Coping

In the cognitive-appraisal model, coping strategy directed toward eliminating, managing, or improving a stressful situation.