What Is the Name of the Incentive Plan in Which

question 80

Multiple Choice

What is the name of the incentive plan in which both employees and the organization share the financial gains according to a predetermined formula that reflects improved productivity and profitability?

• A)gain sharing plan
• B)group incentive plan
• C)profit sharing plan
• D)variable pay plan

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Definitions:

Tropical Rain Forest

A dense, warm, wet forest biome located near the equator, known for its biodiversity and role in the global climate.

Nutrient Poor

Describes environments or substances that lack sufficient nutrients to support healthy plant or animal growth.

High Density

A characteristic referring to a substance having a high mass per unit volume, often compared within the context of different materials or components.

Temperature Range

The variation between the minimum and maximum temperature values that an organism, device, or environment can endure or operate within.