All of the following statements about profit sharing are true EXCEPT that:
A) profit sharing is somewhat similar to gain sharing.
B) profit sharing rewards individuals according to some measure of organizational performance.
C) profit-sharing plans do not reward employees for specific productivity gains.
D) profit-sharing plans reward employees based on overall organizational profits.
E) profit-sharing plans adversely impact cooperation and teamwork.

Question

Quizplus · Accepted Answer

Profit-sharing plans are designed to reward employees based on the overall profits of the organization, which can actually enhance cooperation and teamwork among employees. They are not known to adversely impact these aspects.

All of the Following Statements About Profit Sharing Are True