Because Android Is Open-Source, Phone Manufacturers Do Not Have to Pay

question 36

True/False

Because Android is open-source, phone manufacturers do not have to pay to use it on their phones.

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Definitions:

Profit-sharing

A company policy of distributing a portion of its profits to its employees as a form of bonus or incentive.

Incentive Compensation

A system of pay based on performance, aiming to motivate employees through rewards tied to achieving specific goals or benchmarks.

Net Profits

The amount of money that remains from revenues after all operating expenses, interest, taxes, and preferred stock dividends have been deducted; a key indicator of a company's financial health.

Bonus Pay

Additional compensation given to employees beyond their regular salary, typically as a reward for achieving certain goals or exceptional performance.