Profit sharing is a method of employee compensation that
a. allocates an equal amount of profit reward to each manager in the organization.
b. allows organizational profits to be divided among employees in a non-taxable status.
c. is contingent based on the level of subunit profit generated.
d. is used in many foreign companies but is virtually nonexistent in most U.S. organizations.
C
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A market-penetration strategy is one where a company searches for new customers in a group that has never used a product before
Indicate whether the statement is true or false
Today, ________ are flourishing due to the increased use of market segmentation and market targeting
A) chain stores B) specialty stores C) superstores D) discount stores E) off-price stores
On January 5, 2009, Garrett Company, a calendar-year company, issued $500,000 of notes payable, of which $100,000 is due on January 1 for each of the next five years. The proper balance sheet presentation on December 31, 2009, is
A) Current Liabilities, $500,000. B) Current Liabilities, $100,000; Long-term Debt, $400,000. C) Long-term Debt, $500,000 D) Current Liabilities, $400,000; Long-term Debt, $100,000.
Each of the following is a common project management tool except
A) data flow diagrams. B) brainstorming. C) fishbone diagrams. D) burndown charts.