What Is the Purpose of a Profit-Sharing Plan

question 51

Multiple Choice

What is the purpose of a profit-sharing plan?

• A)to allow workers to contribute ideas and suggestions
• B)to motivate a total commitment to the organization as a whole
• C)to enable workers to share in labour cost savings
• D)to instil commitment to the employee's immediate work group

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Definitions:

Record of Case

A comprehensive document or set of documents that contains all the pleadings, evidence, and other relevant materials of a legal case.

Prejudicial Error

refers to a mistake in the procedure or ruling of a court trial that is likely to affect the trial's outcome, warranting a review or reversal of the decision.

Appeal

A process by which a higher court reviews the decision of a lower court.

Jury

A group of people sworn to give a verdict in a legal case on the basis of evidence submitted to them in court.