Which Incentive Plan Is Based on a Philosophy That Managers

question 14

Multiple Choice

Which incentive plan is based on a philosophy that managers and employees must cooperate together?

• A) cash plan
• B) gainsharing plan
• C) deferred profit-sharing plan
• D) employee stock ownership plan

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Definitions:

Acrid Smell

A sharp, biting, or stingingly bitter smell, often associated with the odor of burning or chemical substances.

Environmental Laws

Laws and regulations designed to protect the environment from harm caused by human activities, ensuring sustainable and safe natural environments.

Drilling Operations

Activities involved in creating boreholes in the earth, primarily for exploring and extracting natural resources like oil and gas.

Refineries

are industrial plants where raw materials, such as crude oil or sugar cane, are processed and converted into finished products like gasoline or refined sugar.