What Are Profit Sharing Programs

question 28

Multiple Choice

What are profit sharing programs?

• A)An individual incentive plan that provides a bonus based on that employee's profitability
• B)A program that provides a portion of company proceeds over a specific amount of time to the employees of the firm through a bonus payment
• C)An example of giving praise
• D)Incentives typically based on improvements in workplace safety of material savings
• E)Pretty much the same as a gain sharing program

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Definitions:

Upper Body

Refers to the part of the human body that includes the chest, back, shoulders, arms, and neck.

Lower Body

The part of the human body that includes the hips, thighs, legs, and feet.

Left Side

Refers to the side of something or someone that is to the west when facing north.

Visual-Spatial Skills

The abilities related to understanding, reasoning, and remembering the spatial relations among objects or space, important for tasks like navigating, interpreting maps, or visualizing objects from different angles.