Which Incentive Plan Is Based on a Philosophy That Managers

question 14

Multiple Choice

Which incentive plan is based on a philosophy that managers and employees must cooperate together?

• A) cash plan
• B) gainsharing plan
• C) deferred profit-sharing plan
• D) employee stock ownership plan

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Definitions:

Cognitive Outcomes

Cognitive outcomes are the changes in understanding, knowledge, or skills that result from educational or training experiences.

Strategic Partners

Organizations or individuals that collaborate in a close and mutually beneficial relationship to achieve strategic goals and objectives.

Sales Training

Sales Training encompasses programs designed to improve the skills, knowledge, and behaviors of sales professionals to enhance their selling effectiveness.

Psychological Health

Psychological health pertains to the well-being of an individual’s mental and emotional states, including aspects of their cognitive functioning, emotions, and behaviors, contributing to their overall quality of life.