Why Do Organizations Use Profit Sharing

question 77

Multiple Choice

Why do organizations use profit sharing?

• A) It has been established that profit sharing helps organizations perform better.
• B) It makes employees feel that they have control over the company's profits.
• C) It costs less when the organization is experiencing financial difficulties.
• D) It helps employees find a direct relation between their performance and gain.
• E) It motivates employees more than individual incentives.

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Definitions:

Birthrate

A measure of population growth or decline, calculated as the number of live births per 1,000 people per year.

Death Rate

The ratio of deaths in an area to the population of that area; usually expressed per 1000 individuals per year.

Carrying Capacity

The maximum population size of a biological species that can be sustained by a specific environment, given the food, habitat, water, and other necessities available in the environment.

Lag Phase

The initial period of slow growth or no growth that occurs in a microbial population when it is first introduced to a new substrate or environment.