Profit-Sharing Plans

question 72

Multiple Choice

Profit-sharing plans:

• A)provide a more direct incentive in small businesses than in large businesses.
• B)are practically impossible to use successfully in small businesses.
• C)are similar to individual incentive plans in their motivational effect.
• D)are an expensive fringe benefit for small businesses, costing 40 per cent of payroll.

---

Definitions:

Reliability

In research and testing, it refers to the degree to which an assessment tool produces stable and consistent results over time.

Validity

The extent to which a concept, conclusion, or measurement is well-founded and corresponds accurately to the real world.

Interpretations

involve the process of explaining or understanding the meaning of something, such as texts, actions, or events, based on personal perspectives or theoretical frameworks.

Survey

Asks people questions about their knowledge, attitudes, or behavior, in either a face-to-face interview, telephone interview, or paper-and-pencil format.