Profit-sharing plans represent one way that wealth can be redistributed at which of the following levels?
A) the firm level
B) the regional level
C) the national level
D) the international level

Question

Quizplus · Accepted Answer

Profit-sharing plans are typically implemented at the firm level, where profits are shared among employees based on predetermined formulas or criteria. This can help redistribute wealth within the company and provide incentives for employees to work harder and more efficiently, leading to higher profits for the company overall. Profit-sharing plans are not typically implemented at regional, national, or international levels.

Profit-Sharing Plans Represent One Way That Wealth Can Be Redistributed