Which of the Following Is a Difference Between Profit-Sharing Plans

question 52

Multiple Choice

Which of the following is a difference between profit-sharing plans and employee ownership plans?

• A)Unlike ownership plans,base pay is not reduced when profit-sharing plans are introduced.
• B)Ownership plans focus on the success of the organization as a whole,unlike profit-sharing plans.
• C)Profit-sharing plans promote individual competition,whereas ownership plans promote group competition.
• D)The link between pay and performance is less obvious under ownership than under profit sharing.
• E)Ownership plans promote individual competition,whereas profit-sharing plans promote group competition.

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Definitions:

Dermis

The thick layer of living tissue below the epidermis that contains blood capillaries, nerve endings, sweat glands, and other structures.

Hypodermis

The innermost layer of the skin, consisting of fat and connective tissues, that provides insulation and cushioning to the body.

Epidermis

The outermost layer of skin, providing a waterproof barrier and creating our skin tone.

Apocrine Sweat Glands

Specialized sweat glands found in certain body areas like the armpits and groin, which release sweat that contains fatty acids and proteins.