Which One of the Following Statements Best Describes Profit Sharing

question 25

Multiple Choice

Which one of the following statements best describes profit sharing?

• A)Profit sharing is an equal division of all revenues among workers.
• B)Profit sharing ties pay to the performance of individuals.
• C)Profit sharing is a program that donates profits to the poor.
• D)Profit sharing provides a system by which workers receive a share of the firm's profits.
• E)Profit sharing discourages free-riding among workers.

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Definitions:

Direct Commands

Instructions given clearly and unequivocally, expecting immediate compliance.

Compliance

When people yield to social pressure in their public behavior, even though their private beliefs have not changed.

Obedience

The act of following the directives of authority figures.

Emergency

A sudden, urgent, usually unexpected occurrence requiring immediate action or attention.