Combined Distribution Plans

question 25

Multiple Choice

Combined distribution plans:

• A) are types of gain-sharing plans
• B) are devised to relate long-term profitability to top management performance
• C) distribute a portion of profits immediately to employees, setting the remaining amount aside in a designated account.
• D) are not as popular as current distribution plans because they lack immediacy
• E) are accurately described by all of the above

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Definitions:

Conscientiousness

A personality trait characterized by organization, dependability, and a strong sense of duty.

Nomothetic Approach

A research approach that seeks general laws and principles through the study of groups of people.

Continuum

A continuous sequence in which adjacent elements are not perceptibly different from each other, but the extremes are quite distinct.

Cardinal Trait

A dominant personality trait that defines a person's actions, attitudes, and behaviors consistently across different situations.