A company that institutes profit sharing can save approximately ________ of its payroll costs during downturns in the business cycle.
A) 50%
B) 35%
C) 20%
D) 5%

Question

Quizplus · Accepted Answer

Profit sharing can save a company about 20% of its payroll costs during downturns in the business cycle by adjusting the profit-sharing payouts according to the company's financial performance.

A Company That Institutes Profit Sharing Can Save Approximately ________