Group Viewer LLC, a Software Company, Provides Profit Sharing Plans

question 99

Multiple Choice

Group Viewer LLC, a software company, provides profit sharing plans for its employees. After organizational restructuring, the management has decided to replace the profit sharing plan with commissions for each employee. Which of the following is true of Group Viewer LLC?

• A) It provided individual incentives; now it provides group incentives.
• B) It provided individual incentives; now it provides organizational incentives.
• C) It provided group incentives; now it provides individual incentives.
• D) It provided organizational incentives; now it provides individual incentives.

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Definitions:

Cooperative Games

Cooperative games are strategic games where players can form binding agreements to cooperate and share the payoffs.

Bargaining

The process of negotiating the terms of an agreement or a deal between two or more parties.

Advertising Strategies

Planned tactics employed by businesses to persuade target audiences to purchase a product or service through various forms of media.

Dominant Strategy

Strategy that is optimal no matter what an opponent does.