What is the purpose of a profit-sharing plan?
A) to allow workers to contribute ideas and suggestions
B) to motivate a total commitment to the organization as a whole
C) to enable workers to share in labour cost savings
D) to instill commitment to the employee's immediate work group

Question

Quizplus · Accepted Answer

Profit-sharing plans are designed to motivate employees to commit fully to the organization by providing them with a direct share in the company's profits, aligning their interests with the overall success of the organization.

What Is the Purpose of a Profit-Sharing Plan