In the context of incentive systems, profit-sharing plans
A. do not give all employees a stake in the company's success.
B. are usually implemented in the division or the organization as a whole.
C. reward individual performance.
D. are used to reward employees for increasing productivity in areas under their control.
E. are given on the basis of how a worker's performance measures against an objective standard.
Answer: B
You might also like to view...
When answering the interviewer's questions, avoid
A) one or two word responses B) concrete examples C) PAR stories D) positivity
How have trends in channel leadership recently shifted?
What will be an ideal response?
In response to illegal or unethical behaviors of local union officials, the Landrum-Griffin Act of 1959 allows:
A. Employers to step in on behalf of their workers and take over the union. B. National unions to take over and replace elected local officials with an appointed trustee. C. The NLRB to run an immediate election of new union officials. D. Union members to immediately decertify the union.
Answer the following statement(s) true (T) or false (F)
11. In the building approach, information about how to proceed is readily available. 12. Entrepreneurs who have alertness rationally and systematically search their environment or their particular information sets for opportunities. 13. Research shows that entrepreneurs with preexisting knowledge of an industry or market are more likely to recognize opportunities than entrepreneurs who have less experience. 14. Typically, entrepreneurs go through three processes before they are able to identify an opportunity for a new business venture: idea generation, creativity, and opportunity recognition. 15. The purpose of the creativity stage is to transform ideas into opportunities.